Tex. Water Code § 17.959 · Subchapter L. WATER FINANCIAL ASSISTANCE BOND PROGRAM
FINANCIAL ASSISTANCE ACCOUNT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The Texas Water Development Fund II water financial assistance account, referred to as the "financial assistance account," is an account established within the fund in the state treasury. Transfers shall be made from this account as provided by this subchapter.
(b) The financial assistance account is composed of:
(1) money and assets attributable to water financial assistance bonds designated by the board as issued for purposes described in Section 49-d-8, Article III, Texas Constitution, other than for purposes described in Sections 17.957 and 17.958;
(2) payments received under a bond enhancement agreement with respect to water financial assistance bonds designated by the board as issued for purposes described in Section 49-d-8, Article III, Texas Constitution, other than for purposes described in Sections 17.957 and 17.958;
(3) investment income earned on money on deposit in the financial assistance account; and
(4) any other funds, regardless of their source, that the board directs be deposited to the credit of the financial assistance account.
(c) Money on deposit in the financial assistance account may be used by the board for any one or more of the purposes described in Section 49-d-8, Article III, Texas Constitution, other than for purposes described in Sections 17.957 and 17.958, in the manner that the board determines necessary for the administration of the fund.
Notes and commentary — not statutory text
History
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.
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 9ab45801297583d8d8c549b85572ac73e27952d127dca845e8b2db4403e81de0
- 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 3 provisions
Provisions in this library whose text cites Tex. Water Code § 17.959. 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.