Tex. Water Code § 15.434 · Subchapter G. STATE WATER IMPLEMENTATION FUND FOR TEXAS
USE OF FUND; PAYMENTS TO AND FROM OTHER FUNDS OR ACCOUNTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) At the direction of the board, the trust company shall make disbursements from the fund to another fund or account pursuant to a bond enhancement agreement authorized by Section 15.435 in the amounts the board determines are needed for debt service payments on or security provisions of the board's general obligation bonds or revenue bonds, after considering all other sources available for those purposes in the respective fund or account.
(b) Of the money disbursed from the fund during the five-year period between the adoption of a state water plan and the adoption of a new plan, the board shall undertake to apply not less than:
(1) 10 percent to support projects described by Section 15.435 that are for:
(A) rural political subdivisions; or
(B) agricultural water conservation; and
(2) 20 percent to support projects described by Section 15.435, including agricultural irrigation projects, that are designed for water conservation or reuse.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 1064 (S.B. 469), Sec. 2, eff. September 1, 2023.
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 b2707451fa0ed54ce5b414f8ec985b2cb6dc955bb333396ab7ec9bfe7ffab1de
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 8 provisions
Provisions in this library whose text cites Tex. Water Code § 15.434. Each shows the citation as that text prints it.
Water Code
- Tex. Water Code § 15.435BOND ENHANCEMENT AGREEMENTS.Printed as Section 15.434(a)
- Tex. Water Code § 15.439RULES.Printed as Section 15.434(b)
- Tex. Water Code § 15.440REPORTING AND TRANSPARENCY REQUIREMENTS.Printed as Section 15.434(b)
- Tex. Water Code § 15.472FUND.Printed as Section 15.434
- Tex. Water Code § 15.973WATER INFRASTRUCTURE FUND.Printed as Section 15.434
- Tex. Water Code § 15.993FUND.Printed as Section 15.434
- Tex. Water Code § 17.895SOURCES OF ASSETS.Printed as Section 15.434
- Tex. Water Code § 17.957STATE PARTICIPATION ACCOUNT.Printed as Section 15.434
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.