reglab/housing_qa huggingface dataset:
TX Water Code § 17.937 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter K. Assistance to Economically Distressed Areas for Water Supply and Sewer Service Projects|Section 17.937. Reporting and Transparency Requirements

Sec. 17.937.  REPORTING AND TRANSPARENCY REQUIREMENTS.  (a)  Annually, the board shall post on the board's Internet website a report detailing each project for which the board has provided financial assistance under this subchapter.(b)  The report must include:(1)  a description of each project;(2)  the location of each project;(3)  the number of residents served by each project;(4)  the amount of financial assistance provided or anticipated to be provided for each project;(5)  a statement of whether each project has been completed and, if not, the expected completion date;(6)  the date on which each appropriate political subdivision adopted the model rules developed under Section 16.343; and(7)  the date on which each appropriate political subdivision certified that it enforces the applicable model rules developed under Section 16.343 or a description of measures taken to mitigate any deficiencies in compliance.|Added by Acts 2019, 86th Leg., R.S., Ch. 1222 (S.B. 2452), Sec. 9, eff. November 5, 2019.|
TX Water Code § 17.951 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.951. Definitions

Sec. 17.951.  DEFINITIONS.  In this subchapter:(1)  "Fund" means the Texas Water Development Fund II.(2)  "Resolution" means any resolution or order approved by the board authorizing the issuance of water financial assistance bonds.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.952 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.952. Issuance of Water Financial Assistance Bonds

Sec. 17.952.  ISSUANCE OF WATER FINANCIAL ASSISTANCE BONDS.  The board by resolution may provide for the issuance of water financial assistance bonds, which shall be general obligation bonds of the state, in an aggregate principal amount not to exceed the principal amount authorized to be issued by the Texas Constitution.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.Amended by: Acts 2005, 79th Leg., Ch. 927 (H.B. 467), Sec. 11, eff. September 1, 2005.|
TX Water Code § 17.953 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.953. Conditions for Issuance of Water Financial Assistance Bonds

Sec. 17.953.  CONDITIONS FOR ISSUANCE OF WATER FINANCIAL ASSISTANCE BONDS.  (a)  Water financial assistance bonds may be issued as various series and issues.(b)  Water financial assistance bonds may mature, serially or otherwise, not later than 50 years after the date on which they are issued.(c)  Water financial assistance bonds may be issued as bonds, notes, or other obligations as permitted by law and may be in the form and denominations and be issued in the manner and under the terms, conditions, and details as provided by resolution.(d)  Water financial assistance bonds may be sold at public or private sale at a price or prices and on terms determined by the board.(e)  Water financial assistance bonds shall be signed and executed as provided by resolution.(f)  Water financial assistance bonds may bear no interest or bear interest at a rate or rates determined in accordance with law.(g)  Rates of interest on water financial assistance bonds may be fixed, variable, floating, adjustable, or otherwise, as determined by the board or determined pursuant to any contractual arrangements approved by the board.  The resolution may provide for the payment of interest at any time or the periodic determination of interest rates or interest rate periods.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.954 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.954. Bond Enhancement Agreements; Payment of Expenses

Sec. 17.954.  BOND ENHANCEMENT AGREEMENTS;  PAYMENT OF EXPENSES.  (a)  The board at any time and from time to time may enter into one or more bond enhancement agreements that the board determines to be necessary or appropriate to place the obligation of the board, as represented by the water financial assistance bonds, in whole or in part, on the interest rate, currency, cash flow, or other basis desired by the board.  A bond enhancement agreement is an agreement for professional services and shall contain the terms and conditions and be for the period that the board approves.(b)  The fees and expenses of the board in connection with the issuance of water financial assistance bonds and the providing of financial assistance to political subdivisions may be paid from money in the fund, provided that any payments due from the board under a bond enhancement agreement, other than fees and expenses, that relate to the payment of debt service on water financial assistance bonds constitute payments of principal of and interest on the water financial assistance bonds.(c)  Bond enhancement agreements may include, on terms and conditions approved by the board, interest rate swap agreements;  currency swap agreements;  forward payment conversion agreements;  agreements providing for payments based on levels of or changes in interest rates or currency exchange rates;  agreements to exchange cash flows or a series of payments;  agreements, including options, puts, or calls, to hedge payment, currency, rate, spread, or other exposure;  or other agreements that further enhance the marketability, security, or creditworthiness of water financial assistance bonds.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.955 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.955. Persons Designated to Act as Agents of Board

Sec. 17.955.  PERSONS DESIGNATED TO ACT AS AGENTS OF BOARD.  (a)  In the resolution the board may delegate authority to one or more officers, employees, or agents designated by the board to act on behalf of the board during the time any series of water financial assistance bonds are outstanding to:(1)  fix dates, prices, interest rates, amortization schedules, redemption features, and interest payment periods;(2)  perform duties and obligations of the board under a bond enhancement agreement;  and(3)  perform other procedures specified in the resolution.(b)  The person designated by the board may adjust the interest on water financial assistance bonds and perform all duties described in a bond enhancement agreement as necessary to permit the water financial assistance bonds to be sold or resold at par in conjunction with secondary market transactions.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.956 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.956. Texas Water Development Fund Ii

Sec. 17.956.  TEXAS WATER DEVELOPMENT FUND II.  The fund is a special fund in the state treasury, and all water financial assistance bond proceeds shall be deposited in the state treasury to the credit of the fund.  The fund shall contain a "state participation account," an "economically distressed areas program account," and a "financial assistance account," and proceeds from the sale of water financial assistance bonds issued for the purpose of providing financial assistance to political subdivisions shall be credited to such accounts as provided by resolution by the board.  By resolution, the board may create additional accounts within the fund as the board determines are necessary or convenient for the administration of the fund.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.957 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.957. State Participation Account

Sec. 17.957.  STATE PARTICIPATION ACCOUNT.  (a)  The Texas Water Development Fund II state participation account, referred to as the "state participation 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 state participation account is composed of:(1)  money and assets attributable to water financial assistance bonds designated by the board as issued for projects described in Sections 16.131 and 16.146;(2)  money from the sale, transfer, or lease of a project described in Subdivision (1) that was acquired, constructed, reconstructed, developed, or enlarged with money from the state participation account;(3)  payments received under a bond enhancement agreement with respect to water financial assistance bonds designated by the board as issued for projects described in Sections 16.131 and 16.146;(4)  investment income earned on money on deposit in the state participation account;(5)  money disbursed to the fund from the state water implementation fund for Texas as authorized by Section 15.434; and(6)  any other funds, regardless of their source, that the board directs be deposited to the credit of the state participation account.(c)  Money on deposit in the state participation account may be used by the board for projects described in Sections 16.131 and 16.146 in the manner that the board determines necessary for the administration of the fund.(c-1)  The comptroller shall establish a subaccount in the state participation account to be known as the state participation account II.  The board may credit to the subaccount money in the state participation account allocated by the board for the purposes of Section 16.146. The board may transfer money from the subaccount to the state participation account if the board determines the money is needed for the purposes of Section 16.131.(d)  The board shall transfer back to the state water implementation fund for Texas any money disbursed to the fund as described by Subsection (b)(5) of this section if the requirements of Section 15.435 are satisfied.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.16, eff. November 5, 2013.Acts 2019, 86th Leg., R.S., Ch. 752 (H.B. 1052), Sec. 6, eff. September 1, 2019.|
TX Water Code § 17.958 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.958. Economically Distressed Areas Program Account

Sec. 17.958.  ECONOMICALLY DISTRESSED AREAS PROGRAM ACCOUNT.  (a)  The Texas Water Development Fund II economically distressed areas program account, referred to as the "economically distressed areas program 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 economically distressed areas program account is composed of:(1)  money and assets attributable to water financial assistance bonds designated by the board as issued for projects described in Subchapter K;(2)  money provided by the federal government, the state, political subdivisions, and private entities for the purpose of paying debt service on water financial assistance bonds issued for purposes provided by Subchapter K;(3)  payments received under a bond enhancement agreement with respect to water financial assistance bonds designated by the board as issued for purposes provided by Subchapter K;(4)  investment income earned on money on deposit in the economically distressed areas program account;  and(5)  any other funds, regardless of their source, that the board directs be deposited to the credit of the economically distressed areas program account.(c)  Money on deposit in the economically distressed areas program account may be used by the board for purposes provided by Subchapter K in the manner that the board determines necessary for the administration of the fund.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.959 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.959. Financial Assistance Account

Sec. 17.959.  FINANCIAL ASSISTANCE ACCOUNT.  (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.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.960 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.960. Bond Resolutions

Sec. 17.960.  BOND RESOLUTIONS.  (a)  In the resolution, the board may make additional covenants with respect to water financial assistance bonds and may provide for:(1)  the flow of funds;(2)  the establishment of accounts and subaccounts within the fund that the board determines are necessary for the administration of the fund;(3)  at the discretion of the board, the payment of fees and expenses of the board in connection with providing financial assistance to political subdivisions as the board determines are necessary for the administration of the fund;(4)  the maintenance, investment, and management of money within the fund and any accounts established by resolution by the board;  and(5)  any other provisions and covenants that the board determines are necessary for the administration of the fund.(b)  The board may invest and reinvest money in the fund and any account therein in any obligations or securities as provided by the resolution or by rule adopted by the board.(c)  The board may adopt and have executed other proceedings, agreements, or trust agreements or instruments necessary in the issuance of water financial assistance bonds, including, without limitation, bond enhancement agreements.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.961 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.961. Transfers to Revolving Funds

Sec. 17.961.  TRANSFERS TO REVOLVING FUNDS.  (a)  In order to implement and administer a revolving loan program established under Title VI of the Federal Water Pollution Control Act (33 U.S.C. Section 1381 et seq.), the board may direct the comptroller to transfer amounts from the financial assistance account to the state water pollution control revolving fund created by Section 15.601 to provide financial assistance pursuant to this subchapter.(b)  In order to implement and administer a revolving loan program established by any other federal legislation, including, without limitation, Title XIV of the federal Public Health Service Act, or any federal agency program under which an additional state revolving fund, as defined in Section 15.602, has been established, the board may direct the comptroller to transfer amounts from the financial assistance account to such additional state revolving fund to provide financial assistance pursuant to this subchapter.(c)  The board shall use the state water pollution control revolving fund in accordance with Section 15.604(a)(4) and Section 603(d)(4), Federal Water Pollution Control Act (33 U.S.C. Section 1383), as a source of revenue to be deposited in accordance with this subchapter for the payment of principal and interest on water financial assistance bonds issued by the board, the proceeds of which are deposited into the state water pollution control revolving fund, and to make payments under a bond enhancement agreement with respect to principal or interest on the water financial assistance bonds.(d)  In the event amounts are transferred to any additional state revolving fund, as defined in Section 15.602, pursuant to Subsection (b), the board shall, to the extent permitted by the federal legislation or federal agency program under which such additional state revolving fund was established, use the additional state revolving fund as a source of revenue to be deposited in accordance with this subchapter for the payment of principal and interest on water financial assistance bonds issued by the board, the proceeds of which are deposited into the additional state revolving fund, and to make payments under a bond enhancement agreement with respect to principal or interest on the water financial assistance bonds.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.|
TX Water Code § 17.9615 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.9615. Transfers to Rural Water Assistance Fund

Sec. 17.9615.  TRANSFERS TO RURAL WATER ASSISTANCE FUND.  (a)  The board may direct the comptroller to transfer amounts from the financial assistance account to the rural water assistance fund to provide financial assistance under this subchapter for the purposes provided in Section 15.994.(b)  The board shall use the rural water assistance fund as a source of revenue to be deposited in accordance with this subchapter for the payment of principal and interest on water financial assistance bonds issued by the board, the proceeds of which are to be deposited into the rural water assistance fund and to be used to make payments under a bond enhancement agreement with respect to principal or interest on the water financial assistance bonds.|Added by Acts 2001, 77th Leg., ch. 966, Sec. 4.22, eff. Sept. 1, 2001.  Amended by Acts 2003, 78th Leg., ch. 1275, Sec. 3(47), eff. Sept. 1, 2003.|
TX Water Code § 17.9616 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.9616. Transfer to Water Infrastructure Fund

Sec. 17.9616.  TRANSFER TO WATER INFRASTRUCTURE FUND.  (a)  The board may direct the comptroller to transfer amounts from the financial assistance account to the water infrastructure fund to provide financial assistance under this subchapter for the purposes provided in Section 15.974.(b)  The board shall use the water infrastructure fund as a source of revenue to be deposited in accordance with this subchapter for the payment of principal and interest on water financial assistance bonds issued by the board, the proceeds of which are to be deposited into the water infrastructure fund and to be used to make payments under a bond enhancement agreement with respect to principal or interest on the water financial assistance bonds or for any other purpose authorized by Section 17.959(c).|Added by Acts 2001, 77th Leg., ch. 966, Sec. 4.23, eff. Sept. 1, 2001.  Amended by Acts 2003, 78th Leg., ch. 1275, Sec. 3(48), eff. Sept. 1, 2003.Amended by: Acts 2021, 87th Leg., R.S., Ch. 324 (H.B. 1904), Sec. 2, eff. September 1, 2021.|
TX Water Code § 17.9617 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.9617. Transfers to State Water Implementation Revenue Fund for Texas

Sec. 17.9617.  TRANSFERS TO STATE WATER IMPLEMENTATION REVENUE FUND FOR TEXAS.  (a) The board may direct the comptroller to transfer money or other assets from an account in the fund, including from the financial assistance account or from the state participation account, to the state water implementation revenue fund for Texas to provide financial assistance under this subchapter and Subchapter H, Chapter 15.(b)  A transfer of money or other assets from an account in the fund may not cause general obligation bonds that are payable from the fund or from an account in the fund to no longer be self-supporting for purposes of Section 49-j(b), Article III, Texas Constitution, as determined by the board.(c)  The board shall use the state water implementation revenue fund for Texas, or an account in that fund, as a source of revenue to be deposited in accordance with this subchapter for the payment of principal and interest on water financial assistance bonds issued by the board, the proceeds of which are to be deposited into the state water implementation revenue fund for Texas, or the account in that fund, and to be used to make payments under a bond enhancement agreement with respect to principal or interest on the water financial assistance bonds.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.17, eff. November 5, 2013.|
TX Water Code § 17.962 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 17 - Public Funding|Subchapter L. Water Financial Assistance Bond Program|Section 17.962. State Approvals

Sec. 17.962.  STATE APPROVALS.  (a)  Water financial assistance bonds may not be issued under this subchapter unless such issuance has been reviewed and approved by the bond review board.(b)  The proceedings relating to the water financial assistance bonds issued under this subchapter are subject to review and approval by the attorney general in the same manner and with the same effect as provided by Chapter 1371, Government Code.(c)  After approval by the attorney general of the proceedings relating to water financial assistance bonds issued under this subchapter, registration of the proceedings by the comptroller, and delivery of the water financial assistance bonds to the purchasers, the water financial assistance bonds are incontestable and constitute general obligations of the state.|Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.413, eff. Sept. 1, 2001.|