HOUSE BILL 1875 |
HOUSE AUTHOR: Wise |
EFFECTIVE: 06-20-03 |
SENATE SPONSOR: Lucio |
House Bill 1875 amends the Water Code to reclassify the colonia self-help account, which under former law was an account in the general revenue fund, as an account in the water assistance fund. It reclassifies the water infrastructure fund and the rural water assistance fund, which under former law also were general revenue fund accounts, as special funds in the state treasury. The bill expands the purposes for which the rural water assistance fund may be used to encompass water quality enhancement projects, including on-site or wetland wastewater treatment facilities. It eliminates a $250,000 cap on loans under the pilot program for water and wastewater loans for rural communities. The bill also removes general-law water district restrictions on district notes, bonds, and refunding bonds if they are issued to and approved by the North American Development Bank.