reglab/housing_qa huggingface dataset:
TX Water Code § 15.471 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter H. State Water Implementation Revenue Fund for Texas|Section 15.471. Definition

Sec. 15.471.  DEFINITION.  In this subchapter, "fund" means the state water implementation revenue fund for Texas.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.|
TX Water Code § 15.472 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter H. State Water Implementation Revenue Fund for Texas|Section 15.472. Fund

Sec. 15.472.  FUND.  (a)  The state water implementation revenue fund for Texas is a special fund in the state treasury outside the general revenue fund to be used by the board, without further legislative appropriation, only for the purpose of providing financing for projects included in the state water plan that are authorized under Subchapter Q or R of this chapter, Subchapter E or F, Chapter 16, or Subchapter J, Chapter 17.  The board may establish separate accounts in the fund.  The board has legal title to money and investments in the fund until the money is disbursed as provided by this subchapter and board rules.  It is the intent of the legislature that the fund will never be used:(1)  for a purpose other than the support of projects in the state water plan; or(2)  to certify that appropriations from the treasury are within the amount estimated to be available in a fund of the treasury affected by the appropriation.(b)  Money deposited to the credit of the fund may be used only as provided by this subchapter.(c)  The fund consists of:(1)  money transferred or deposited to the credit of the fund by law, including money from any source transferred or deposited to the credit of the fund at the board's discretion as authorized by law;(2)  the proceeds of any fee or tax imposed by this state that by statute is dedicated for deposit to the credit of the fund;(3)  any other revenue that the legislature by statute dedicates for deposit to the credit of the fund;(4)  investment earnings and interest earned on amounts credited to the fund;(5)  the proceeds from the sale of bonds, including revenue bonds issued by the board under this subchapter, that are designated by the board for the purpose of providing money for the fund;(6)  repayments of loans made from the fund;(7)  money from the sale, transfer, or lease of a project acquired, constructed, reconstructed, developed, or enlarged with money from the fund; and(8)  money disbursed to the fund from the state water implementation fund for Texas as authorized by Section 15.434.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.|
TX Water Code § 15.473 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter H. State Water Implementation Revenue Fund for Texas|Section 15.473. Management and Investment of Fund

Sec. 15.473.  MANAGEMENT AND INVESTMENT OF FUND.  (a)  Money deposited to the credit of the fund shall be invested as determined by the board.  The fund may be invested with the state treasury pool.(b)  The fund and any accounts established in the fund shall be kept and maintained by or at the direction of the board.(c)  At the direction of the board, the fund and any accounts established in the fund may be managed by the comptroller or a corporate trustee that is a trust company or a bank that has the powers of a trust company for and on behalf of the board and pending their use for the purposes provided by this subchapter may be invested as provided by an order, resolution, or rule of the board.(d)  The comptroller or corporate trustee shall manage the fund in strict accordance with this subchapter and the orders, resolutions, and rules of the board.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.|
TX Water Code § 15.474 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter H. State Water Implementation Revenue Fund for Texas|Section 15.474. Use of Fund

Sec. 15.474.  USE OF FUND.  (a)  Except as provided by Subsection (c), money in the fund may be used by the board only to provide financing or refinancing, under terms specified by the board, for projects included in the state water plan that are authorized under Subchapter Q or R of this chapter, Subchapter E or F, Chapter 16, or Subchapter J, Chapter 17, including water conservation or reuse projects designed to reduce the need for this state or political subdivisions of this state to develop additional water resources.(b)  Financing or refinancing of projects described by Subsection (a) may be provided by using money in the fund to make loans to eligible political subdivisions or to purchase bonds or other obligations of eligible political subdivisions bearing interest at a rate or rates determined by the board, including a rate or rates below prevailing market rates.(c)  The board may use money in the fund:(1)  as a source of revenue or security for:(A)  the payment of the principal of and interest on:(i)  revenue bonds issued by the board under this subchapter; or(ii)  other bonds issued by the board if the proceeds of the bonds will be deposited in the fund; or(B)  a bond enhancement agreement;(2)  to acquire loans or other assets from another fund or account administered by the board, including political subdivision bonds sold or disposed of under Section 15.978 or 17.968; or(3)  to pay the necessary and reasonable expenses of paying agents, bond counsel, and financial advisory services and similar costs incurred by the board in administering the fund.(d)  The board, or comptroller or corporate trustee managing the fund at the direction of the board as provided by Section 15.473(c), shall withdraw from the fund and forward to another person any amounts, as determined by the board, for timely payment of:(1)  the principal of and interest on bonds described by Subsection (c)(1)(A) of this section that mature or become due; and(2)  any cost related to bonds described by Subsection (c)(1)(A) of this section that become due, including payments under related credit agreements or bond enhancement agreements.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.|
TX Water Code § 15.476 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter H. State Water Implementation Revenue Fund for Texas|Section 15.476. Subchapter Cumulative of Other Laws

Sec. 15.476.  SUBCHAPTER CUMULATIVE OF OTHER LAWS.  (a)  This subchapter is cumulative of other laws on the subject, and the board may use provisions of other applicable laws in the issuance of bonds and other obligations and the execution of bond enhancement agreements, but this subchapter is wholly sufficient authority for the issuance of bonds and other obligations, the execution of bond enhancement agreements, and the performance of all other acts and procedures authorized by this subchapter.(b)  In addition to other authority granted by this subchapter, the board may exercise the authority granted to the governing body of an issuer with regard to the issuance of obligations under Chapter 1371, Government Code.|Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4), Sec. 2.02, eff. November 5, 2013.|
TX Water Code § 15.531 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.531. Definitions

Sec. 15.531.  DEFINITIONS.  In this subchapter:(1)  "Eligible political subdivision" means a district or authority created under Section 52, Article III, or Section 59, Article XVI, Texas Constitution, a municipality, or a county.(2)  "Flood project" means a drainage, flood mitigation, or flood control project, including:(A)  planning and design activities;(B)  work to obtain regulatory approval to provide nonstructural and structural flood mitigation and drainage;(C)  construction of structural flood mitigation and drainage infrastructure; and(D)  construction and implementation of nonstructural projects, including projects that use nature-based features to protect, mitigate, or reduce flood risk.(3)  "Infrastructure fund" means the flood infrastructure fund.(4)  "Metropolitan statistical area" means an area so designated by the United States Office of Management and Budget.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.532 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.532. Findings

Sec. 15.532.  FINDINGS.  The legislature finds that:(1)  the creation of the infrastructure fund and the administration of the fund by the board will encourage the development of nonstructural and structural flood mitigation in the state;(2)  the use of the infrastructure fund is in furtherance of the public purpose of mitigating the effects of flooding in the state; and(3)  the use of the infrastructure fund for the purposes provided by this subchapter is for the benefit of both the state and the political subdivisions to which the board makes financial assistance available in accordance with this subchapter and constitutes a program under Sections 49-d-3 and 52-a, Article III, Texas Constitution.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.533 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.533. Flood Infrastructure Fund

Sec. 15.533.  FLOOD INFRASTRUCTURE FUND.  (a)  The flood infrastructure fund is a special fund in the state treasury outside the general revenue fund.(b)  The infrastructure fund may be used by the board, without further legislative appropriation, only as provided by this subchapter.(c)  The infrastructure fund consists of:(1)  appropriations from the legislature for a purpose of the infrastructure fund;(2)  proceeds of general obligation bonds issued for a purpose of the infrastructure fund;(3)  any fees or other sources of revenue that the legislature dedicates for deposit to the infrastructure fund;(4)  repayments of loans made from the infrastructure fund;(5)  interest earned on money credited to the infrastructure fund;(6)  depository interest allocable to the infrastructure fund;(7)  money from gifts, grants, or donations to the infrastructure fund; and(8)  money from revenue bonds or other sources designated by the board for deposit to the infrastructure fund.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|For contingent expiration of this section, see Section 2.03, Chapter 947 (S.B. 7), Acts of the 86th Legislature, Regular Session, 2019.
TX Water Code § 15.534 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.534. Use of Infrastructure Fund

Sec. 15.534.  USE OF INFRASTRUCTURE FUND.  (a)  The board may use the infrastructure fund only:(1)  to make a loan to an eligible political subdivision at or below market interest rates for a flood project;(2)  to make a grant or loan at or below market interest rates to an eligible political subdivision for a flood project to serve an area outside of a metropolitan statistical area in order to ensure that the flood project is implemented;(3)  to make a loan at or below market interest rates for planning and design costs, permitting costs, and other costs associated with state or federal regulatory activities with respect to a flood project;(4)  to make a grant to an eligible political subdivision to provide matching funds to enable the eligible political subdivision to participate in a federal program for a flood project;(5)  to make a grant to an eligible political subdivision for a flood project if the board determines that the eligible political subdivision does not have the ability to repay a loan;(6)  as a source of revenue or security for the payment of principal and interest on bonds issued by the board if the proceeds of the sale of the bonds will be deposited in the infrastructure fund;(7)  to pay the necessary and reasonable expenses of the board in administering the infrastructure fund; and(8)  to make transfers to the research and planning fund created under Section 15.402 of this chapter.(b)  Principal and interest payments on loans made under Subsection (a)(3) may be deferred for not more than 10 years or until construction of the flood project is completed, whichever is earlier.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.5341 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.5341. Use of Infrastructure Fund

Text of section effective on adoption by the Texas Water Development Board of an initial state flood plan in accordance with legislation of the 86th Legislature, Regular Session, 2019, that requires the creation of a state flood plan.Sec. 15.5341.  USE OF INFRASTRUCTURE FUND.  (a)  The board may use the infrastructure fund only to provide financing for flood projects included in the state flood plan.(b)  Money from the infrastructure fund may be awarded to several eligible political subdivisions for a single flood project.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.03(2).|
TX Water Code § 15.535 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.535. Application Requirements

Sec. 15.535.  APPLICATION REQUIREMENTS.  (a)  Except as provided by Subsection (c), an eligible political subdivision applying for financial assistance under this subchapter for a proposed flood project must demonstrate in the application that:(1)  the eligible political subdivision has acted cooperatively with other political subdivisions to address flood control needs in the area in which the eligible political subdivisions are located;(2)  all eligible political subdivisions substantially affected by the proposed flood project have participated in the process of developing the proposed flood project;(3)  the eligible political subdivisions, separately or in cooperation, have held public meetings to accept comment on proposed flood projects from interested parties; and(4)  the technical requirements for the proposed flood project have been completed and compared against any other potential flood projects in the same area.(b)  The application must include an analysis of whether the proposed flood project could use floodwater capture techniques for water supply purposes, including floodwater harvesting, detention or retention basins, or other methods of capturing storm flow or unappropriated flood flow.(c)  An eligible political subdivision applying for assistance under Section 15.534(a)(3) is not required to make the demonstration described by Subsection (a)(4) of this section.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.536 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.536. Approval of Applications

Sec. 15.536.  APPROVAL OF APPLICATIONS.  On review and recommendation by the executive administrator, the board may approve an application only if the board finds that:(1)  the application and the assistance applied for meet the requirements of this subchapter and board rules;(2)  the application demonstrates a sufficient level of cooperation among eligible political subdivisions and includes all of the eligible political subdivisions substantially affected by the flood project; and(3)  the taxes or other revenue, or both the taxes and other revenue, pledged by the applicant will be sufficient to meet all the obligations assumed by the eligible political subdivision.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.537 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.537. Rules

Sec. 15.537.  RULES.  The board shall adopt rules necessary to carry out this subchapter, including rules:(1)  that establish procedures for an application for and for the award of financial assistance;(2)  for the investment of money; and(3)  for the administration of the infrastructure fund.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.538 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.538. Information Clearinghouse

Sec. 15.538.  INFORMATION CLEARINGHOUSE.  The board shall act as a clearinghouse for information about state and federal flood planning, mitigation, and control programs that may serve as a source of funding for flood projects.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.539 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.539. Liability

Sec. 15.539.  LIABILITY.  Participation in cooperative flood planning to obtain money under this subchapter does not subject the state or an eligible political subdivision to civil liability in regard to a flood project.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.540 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter I. Flood Infrastructure Fund|Section 15.540. Advisory Committee

Sec. 15.540.  ADVISORY COMMITTEE.  (a)  In this section, "advisory committee" means the State Water Implementation Fund for Texas Advisory Committee described by Section 15.438.(b)  The advisory committee shall:(1)  review the overall operation, function, and structure of the infrastructure fund at least semiannually and may provide comments and recommendations to the board on any matter; and(2)  make recommendations to the board regarding information on the infrastructure fund to be posted on the board's Internet website.(c)  The advisory committee may:(1)  submit comments and recommendations to the board regarding the use of money in the infrastructure fund and for use by the board in adopting rules; and(2)  adopt rules, procedures, and policies as needed to administer this section and implement its responsibilities.|Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.01, eff. January 1, 2020.|
TX Water Code § 15.601 (2021)
2021 Texas Statutes|Water Code|Title 2 - Water Administration|Subtitle C - Water Development|Chapter 15 - Texas Water Assistance Program|Subchapter J. Financial Assistance for Water Pollution Control|Section 15.601. Creation of Fund

Sec. 15.601.  CREATION OF FUND.  (a)  The state water pollution control revolving fund shall be administered by the board under this subchapter and rules adopted by the board.  The fund shall be used to provide financial assistance in accordance with the capitalization grant program established under the Federal Water Pollution Control Act (33 U.S.C. Section 1251 et seq.) and Section 15.603 of this code.(b)  The board may establish one or more additional state revolving funds in accordance with other capitalization grant programs hereafter established by federal agencies or otherwise authorized by federal law.  Such additional state revolving funds shall be held and administered by the board in the same manner as provided by Section 15.603 of this code for the administration of the state water pollution control revolving fund, except that such additional state revolving funds shall be held and administered in accordance with the federal legislation or federal agency program under which the additional state revolving fund was established and shall be used to provide financial assistance to political subdivisions for public works in accordance with such legislation or program.  In the administration of such additional state revolving funds, the board shall have all rights and powers authorized to the board pursuant to this subchapter in connection with the administration of the state water pollution control revolving fund, together with such additional rights and powers as are necessary or appropriate in connection with the administration of such additional state revolving funds.(c)  The board may, in its discretion, provide for the state water pollution control revolving fund to be merged into any additional state revolving fund hereafter created.|Added by Acts 1987, 70th Leg., ch. 420, Sec. 1, eff. June 17, 1987.  Amended by Acts 1993, 73rd Leg., ch. 184, Sec. 1, eff. May 19, 1993;  Acts 2001, 77th Leg., ch. 1234, Sec. 19, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 428 (S.B. 942), Sec. 1, eff. September 1, 2019.|