Tex. Water Code § 15.306 · Subchapter E. STORAGE ACQUISITION PROGRAM
BOARD FINDINGS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Before the board may acquire storage facilities in any reservoir, the board shall find affirmatively that:
(1) it is reasonable to expect that the state will recover its investment in the facilities;
(2) the cost of the facilities exceeds the current financing capabilities of the area involved, and the facilities cannot be reasonably financed by local interests without state participation;
(3) the public interest will be served by acquisition of the facilities; and
(4) the facilities to be constructed or reconstructed contemplate the optimum development of the site which is reasonably reserved under all existing circumstances of the site.
Notes and commentary — not statutory text
History
Added by Acts 1981, 67th Leg., 1st C.S., p. 102, ch. 12, Sec. 1, eff. Nov. 10, 1981.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.15.htm
- Text hash
- sha256 baa8de7d8f914748041cba44648351de8086de453c3c7cd6d8b4e136ef858a93
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.