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| Revised Date: |
Legal Citations
- Texas Constitution art. III sec. 49-d-3
- Water Code sec. 15.301
Origin:
1981 by H.B. 8, 67th Leg., 1st C.S.
Purpose
To be funded by direct Legislature appropriation and by transfers by the board from the Water Assistance Fund (0480). The board may use the fund for projects including the design, acquisition, lease, construction, reconstruction, development, or enlargement in whole or part of any existing or proposed water storage project. In addition, the board may, at its discretion contract with a political subdivision to pay the principal of or interest on or both on bonds or other obligations issued by a political subdivision. (Amended by H.B. 2, 69th Leg., R.S.)
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001). |
| Disposition of Balance | Returned to Water Assistance Fund (0480). |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
- 580 – Texas Water Development Board (formerly Texas Water Commission, Agency 582)
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
Amended by S.B. 249, 69th Leg., R.S.
USAS Values
| USAS Title | STORAGE ACQUISITION FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |
Created by the state's constitution or receiving constitutionally dedicated revenue and expended for a specific purpose.