Tex. Water Code § 17.899 · Subchapter J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM
ELIGIBLE FUND USES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Money in the fund, excluding money in the interest and sinking fund, may be used by the board to:
(1) provide a grant to a state agency to fund a conservation program or conservation project, including a conservation program that provides funding to a political subdivision or person for a conservation project;
(2) provide a grant or loan to a political subdivision for a conservation program or conservation project;
(3) provide a linked deposit to an eligible financial institution for a loan to a person for a conservation project;
(4) pay for a board conservation program;
(5) make a transfer to the interest and sinking fund;
(6) pay the costs of a bond issuance; and
(7) pay for a board expense in administering the agricultural water conservation program under this subchapter.
(b) Money in the interest and sinking fund may be used for the payment of bonds or, to the extent there are funds in excess of bond payment requirements, for transfers to the fund, or any other account in the funds.
(c) The board shall transfer back to the state water implementation fund for Texas any money disbursed to the fund as described by Section 17.895(6) if the requirements of Section 15.435 are satisfied.
Notes and commentary — not statutory text
History
Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 477, Sec. 15, eff. Aug. 30, 1993; Acts 2003, 78th Leg., ch. 200, Sec. 19(o), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 15, eff. Sept. 1, 2003.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.15, eff. November 5, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.17.htm
- Text hash
- sha256 43fc1faa91f57dd1abddaef7e3df6fea06492770d1b0434c11ac452e96ece7ad
- 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 2 provisions
Provisions in this library whose text cites Tex. Water Code § 17.899. Each shows the citation as that text prints it.
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.