HOUSE JOINT RESOLUTION 81 |
HOUSE AUTHOR: Counts |
FOR ELECTION: 11-06-01 |
SENATE SPONSOR: Brown, J. E. "Buster" |
House Joint Resolution 81 proposes a constitutional amendment to authorize the Texas Water Development Board to issue additional general obligation bonds for one or more accounts in the Texas Water Development Fund II in an amount not to exceed $2 billion, $50 million of which must be used for the water infrastructure fund. The amendment provides that other constitutional limitations on the amount of bonds that the board is authorized to issue and on the percentage of state participation in any single project do not apply to these new bonds.