| Issue Date: | 2013-12-05 |
|---|---|
| Revised Date: | 2024-01-01 |
Legal Cites
- Water Code sec. 15.472, sec. 15.502
- Texas Constitution art. III sec. 49-d-13
Origin:
2013 S.J.R. 1 and H.B. 4, 83rd Leg., R.S.
Purpose
Created as a special fund in the state treasury outside of General Revenue for implementing the state water plan. Used by the Water Development Board without appropriation.
The Water Development Board may issue revenue bonds to provide money to the fund. The fund is used to provide financing for water projects under Water Code Chapter 15 (Subchapter Q and R), Chapter 16 (Subchapter E and F) and Chapter 17 (Subchapter J). May be used to pay principal and interest on bonds issued by the Board.
The fund consists of money transferred or deposited by the legislature, any fee, tax, or revenue dedicated to the fund, investment earnings, bond proceeds, loan repayments and other revenue associated with projects financed through the program.
Receives transfers from 0484 - Texas Water Fund.
| Classification | Group 02: Constitutional Funds Expendable for a Specific Purpose [?] |
|---|---|
| Depository Interest | Retained in fund. |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Appropriated by the Texas Constitution. |
Administering Agencies
Note
Added 2013 S.J.R. 1 and H.B. 4, 83rd Leg., R.S. and approved by the voters November 5, 2013.
Transfers from 0484 - Texas Water Fund added by S.B. 28, 88th Leg., R.S.
USAS Values
| USAS Title | STATE WATER IMPLEMENTATION REVENUE FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 02 - CONSTITUTIONAL FDS EXP FOR SPECIFIC PURP |
| USAS Status | A |