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HB 3663

AN ACT relating to the information required to be posted by the Texas Water

House Bill Martinez
Filed

Filed

Bill introduced by legislator

Committee

Hearing

Passed Cmte

Calendar

Passed

Sent

Enrolled

Governor

Signed

89th Regular Session

Jan 14, 2025 - Jun 2, 2025 • Session ended

Awaiting Committee Assignment

Bill filed, pending referral to House committee

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Committee

Not yet assigned

Fiscal Note

Not available

What This Bill Does

Requires the Texas Water Development Board to publicly post and regularly update detailed information on its website about the state water implementation fund. This includes project specifics for each regional water planning area, such as project status, completion dates, bond details, loan repayment risks, investment portfolio performance, and the point system used to prioritize water projects. The transparency measure aims to provide citizens and stakeholders with comprehensive insights into water infrastructure funding and development across Texas.

Subject Areas

Bill Text

relating to the information required to be posted by the Texas Water
Development Board on the board's Internet website regarding the use
of the state water implementation fund for Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1.  Section 15.440(b), Water Code, is amended to
(b)  The board shall post the following information on the
board's Internet website regarding the use of the fund and
regularly update the information posted:
(1)  the progress made in developing needed water
supply statewide and for the benefit of each regional water
(2)  for each regional water planning area, a
description of each project funded through bonds supported by a
bond enhancement agreement entered into under Section 15.435,
(A)  the expected date of completion of the
(B)  the current status of the project;
(C)  the amount of bonds issued and the terms of
(D)  a summary of the terms of the bond
(E)  the status of repayment of any loan provided
in connection with the project, including an assessment of the risk
of default based on a standard risk rating system;
(3)  a description of the investment portfolio of the
(4)  the expenses incurred in investing money in the
(5)  the rate of return on the investment of money in
(6)  a description of the point system for prioritizing
projects established by the board under Section 15.437(b) and the
number of points awarded by the board for each project;
(7)  [any nonconfidential information submitted to the
board as part of an application for financial assistance under this
subchapter that is approved by the board;
[(8)]  the administrative and operating expenses
incurred by the board in developing the state water plan and
providing financial assistance for projects included in the plan;
(8) [(9)]  any other information required by board
SECTION 2.  This Act takes effect September 1, 2025.

Bill History

filed

Bill filed: AN ACT relating to the information required to be posted by the Texas Water