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AN ACT
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relating to the information required to be posted by the Texas Water |
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Development Board on the board's Internet website regarding the use |
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of the state water implementation fund for Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 15.440(b), Water Code, is amended to |
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read as follows: |
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(b) The board shall post the following information on the |
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board's Internet website regarding the use of the fund and |
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regularly update the information posted: |
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(1) the progress made in developing needed water |
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supply statewide and for the benefit of each regional water |
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planning area; [and] |
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(2) for each regional water planning area, a |
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description of each project funded through bonds supported by a |
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bond enhancement agreement entered into under Section 15.435, |
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including: |
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(A) the expected date of completion of the |
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project; [and] |
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(B) the current status of the project; |
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(C) the amount of bonds issued and the terms of |
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the bonds; |
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(D) a summary of the terms of the bond |
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enhancement agreement; and |
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(E) the status of repayment of any loan provided |
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in connection with the project, including an assessment of the risk |
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of default based on a standard risk rating system; |
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(3) a description of the investment portfolio of the |
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fund; |
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(4) the expenses incurred in investing money in the |
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fund; |
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(5) the rate of return on the investment of money in |
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the fund; |
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(6) a description of the point system for prioritizing |
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projects established by the board under Section 15.437(b) and the |
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number of points awarded by the board for each project; |
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(7) any nonconfidential information submitted to the |
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board as part of an application for financial assistance under this |
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subchapter that is approved by the board; |
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(8) the administrative and operating expenses |
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incurred by the board in developing the state water plan and |
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providing financial assistance for projects included in the plan; |
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and |
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(9) any other information required by board rule. |
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SECTION 2. This Act takes effect September 1, 2015. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 280 was passed by the House on April |
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23, 2015, by the following vote: Yeas 139, Nays 0, 2 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 280 was passed by the Senate on May |
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15, 2015, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |