Texas
SB1532
SB1532 - 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.
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463 words in original text
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      S.B. No. 1532         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.             ______________________________ ______________________________      President of the Senate Speaker of the House                 I hereby certify that S.B. No. 1532 passed the Senate on   March 26, 2025, by the following vote:  Yeas 31, Nays 0.       ______________________________   Secretary of the Senate                I hereby certify that S.B. No. 1532 passed the House on   May 2, 2025, by the following vote:  Yeas 97, Nays 27, two present   not voting.       ______________________________   Chief Clerk of the House            Approved:     ______________________________                Date       ______________________________              Governor
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