HB 3663
AN ACT relating to the information required to be posted by the Texas Water
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
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.
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
Bill filed: AN ACT relating to the information required to be posted by the Texas Water
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