AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
This bill prohibits the Texas Water Development Board from approving an application for financing of a water infrastructure project included in the State Water Plan if the applicant has not satisfactorily completed an infrastructure financing survey.
S.B. 370 amends current law relating to the authority of the Texas Water Development Board to provide financial assistance for certain projects if the applicant has failed to complete a request for information relevant to the project.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 15.975, Water Code, by adding Subsection (d), as follows:
(d) Prohibits the Texas Water Development Board (TWDB) from approving an application if the applicant has failed to satisfactorily complete a request by the executive administrator of TWDB (executive administrator) or a regional planning group for information relevant to the project, including a water infrastructure financing survey under Section 16.053(q) (relating to a report regarding the financing needed to implement the water management strategies and projects in an approved regional plan).
SECTION 2. Amends Section 15.912, Water Code, as follows:
Sec. 15.912. CONSIDERATIONS IN ACTING ON APPLICATION. (a) Creates this subsection from existing text. Makes no further changes.
(b) Prohibits TWDB from accepting an application for a loan or grant of financial assistance from the water assistance fund (fund) for a project recommended through the state and regional water planning processes under Sections 16.051 (State Water Plan: Drought, Conservation, Development, and Management; Effect of Plan) and 16.053 (Regional Water Plans) if the applicant has failed to satisfactorily complete a request by the executive administrator or a regional planning group for information relevant to the project, including a water infrastructure financing survey under Section 16.053(q).
SECTION 3. Amends Section 16.131, Water Code, as follows:
Sec. 16.131. AUTHORIZED PROJECTS. (a) Creates this subsection from existing text. Makes a nonsubstantive change.
(b) Prohibits TWDB from using the state participation account of the development fund to finance a project recommended through the state and regional water planning processes under Sections 16.051 and 16.053 if the applicant has failed to satisfactorily complete a request by the executive administrator or a regional planning group for information relevant to the project, including a water infrastructure financing survey under Section 16.053(q).
SECTION 4. Effective date: upon passage or September 1, 2011.