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.

89(R) HB 3663 - House Committee Report version - Bill Text

89R4086 ANG-F

By: Martinez

H.B. No. 3663

A BILL TO BE ENTITLED

AN ACT

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

read as follows:

(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

planning area;

(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,

including:

(A) the expected date of completion of the

project;

(B) the current status of the project;

(C) the amount of bonds issued and the terms of

the bonds;

(D) a summary of the terms of the bond

enhancement agreement; and

(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

fund;

(4) the expenses incurred in investing money in the

fund;

(5) the rate of return on the investment of money in

the fund;

(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;

and

(8)
[
(9)
] any other information required by board

rule.

SECTION 2. This Act takes effect September 1, 2025.