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  89R4039 ANG-F     By: Guillen H.B. No. 1353       A BILL TO BE ENTITLED   AN ACT   relating to international cooperation agreements between certain   state agencies and the United Mexican States and funding for   infrastructure investment in this state; providing authority for   certain agencies to issue bonds.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 792.005(b), Government Code, is amended   to read as follows:          (b)  Only the following state agencies may issue bonds under   this section:                (1)  the Department of Agriculture;                (2)  the Texas Department of Economic Development;                (3)  the Texas Department of Housing and Community   Affairs;                (4)  the Texas Public Finance Authority;                (5)  the Texas Turnpike Authority; [ or ]                (6)  the Texas Water Development Board ;                 (7)  the Texas Commission on Environmental Quality; or                 (8)  the Public Utility Commission of Texas .          SECTION 2.  Section 792.006, Government Code, is amended to   read as follows:          Sec. 792.006.  APPROVAL OF GOVERNOR AND LEGISLATIVE BUDGET   BOARD.  An agreement made by a state agency under this chapter that   involves the use of money appropriated from the state treasury for   projects inside or outside of this state is not valid unless it is   approved by the governor and the Legislative Budget Board.          SECTION 3.  Chapter 792, Government Code, is amended by   adding Section 792.007 to read as follows:           Sec.   792.007.     INFRASTRUCTURE INVESTMENTS. An agency   described by Section 792.005(b) may create a funding mechanism to   jointly invest in and leverage funding for infrastructure in Texas   with the North American Development Bank.          SECTION 4.  This Act takes effect September 1, 2025.