| Issue Date: | 2003-07-01 |
|---|---|
| Revised Date: | 2024-01-01 |
Legal Cites
- Water Code sec. 15.502, sec. 15.993
- Texas Constitution art. III sec. 49-d-16
Origin:
2003 by H.B. 1875 and HB 3318, 78th Leg., R.S.
Purpose
Created as a special fund composed of appropriations, bond proceeds, loan repayments, transfers from other water-related funds, interest, gifts, grants, donations, and any other sources of revenue directed by the legislature.
Used to provide low-interest, zero interest, negative interest loans, loan forgiveness, or grants to rural political subdivisions for water or water-related projects. May be used to buy down interest rates on loan. The fund may be used to contract for outreach, financial, planning and technical assistance to assist rural political subdivisions in obtaining and using financing from the fund.
Receives transfers from 0484 - Texas Water Fund.
| Classification | Group 04: Pledged Funds [?] |
|---|---|
| Depository Interest | Retained in appropriated fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | General Appropriations Act |
Administering Agencies
Note
Was established previously as GR Account -- Rural Water Assistance (5068).
Use and source of funds expanded by S.B. 360, 82nd Leg., R.S.
Use amended by H.B. 544, 85th Leg., R.S.
Transfers from 0484 - Texas Water Fund added by S.J.R. 75 and S.B. 28, 88th Leg., R.S.
USAS Values
| USAS Title | RURAL WATER ASSISTANCE FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 04 - PLEDGED FUNDS |
| USAS Status | A |