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Senate Bill 2314 |
Senate Author: Averitt |
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Effective: 6-19-09 |
House Sponsor: Callegari |
Senate Bill 2314 amends the Water Code to add provisions relating to supplemental funding resulting from federal economic recovery legislation. The bill authorizes the Texas Water Development Board to adopt rules that specify the manner in which any special capitalization grant under the state water pollution control revolving fund, the safe drinking water revolving fund, or any additional state revolving fund received as a result of federal economic recovery legislation may be used to provide financial assistance to an eligible applicant for public works. The rules must require financial assistance to be provided for the purposes and on the terms authorized by the federal legislation or agency program under which the additional state revolving fund was established or the special capitalization grant was awarded.