Bill Text: TX HJR116 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Proposing a constitutional amendment creating the water for Texas fund to assist in financing water projects in this state.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-13 - Referred to Natural Resources [HJR116 Detail]
Download: Texas-2023-HJR116-Introduced.html
88R9049 JAM-D | ||
By: King of Uvalde | H.J.R. No. 116 |
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proposing a constitutional amendment creating the water for Texas | ||
fund to assist in financing water projects in this state. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Article III, Texas Constitution, is amended by | ||
adding Section 49-d-16 to read as follows: | ||
Sec. 49-d-16. (a) The water for Texas fund is created as a | ||
special fund in the state treasury outside the general revenue | ||
fund. The fund is administered by the Texas Water Development Board | ||
or by that board's successor in function as provided by general law. | ||
The fund is not subject to legislative appropriation. | ||
(b) The administrator of the water for Texas fund may use | ||
the fund only to disburse money to other funds administered by the | ||
Texas Water Development Board or that board's successor in | ||
function. The administrator may restore to the fund money | ||
disbursed from the fund and deposited to the credit of another fund. | ||
Legislative appropriation is not required for the administrator to | ||
disburse money from, or restore money to, the fund. | ||
(c) The administrator of the water for Texas fund may | ||
establish separate accounts in the fund as necessary or convenient | ||
to administer the fund. | ||
(d) The water for Texas fund consists of: | ||
(1) money transferred or deposited to the credit of | ||
the fund by general law, including money from any source | ||
transferred or deposited to the credit of the fund at the discretion | ||
of the administrator of the water for Texas fund as authorized by | ||
general law; | ||
(2) any other revenue that the legislature by statute | ||
dedicates for deposit to the credit of the fund; | ||
(3) investment earnings and interest earned on amounts | ||
credited to the fund; | ||
(4) money from gifts, grants, or donations to the | ||
fund; and | ||
(5) the redeposit of money disbursed from the fund. | ||
(e) The legislature by general law shall provide for the | ||
manner in which money from the water for Texas fund may be used, | ||
subject to the limitations provided by this section. | ||
(f) The legislature by general law may provide for costs of | ||
investment of the water for Texas fund to be paid from that fund. | ||
SECTION 2. This proposed constitutional amendment shall be | ||
submitted to the voters at an election to be held November 7, 2023. | ||
The ballot shall be printed to permit voting for or against the | ||
proposition: "The constitutional amendment creating the water for | ||
Texas fund to assist in financing water projects in this state." |