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A BILL TO BE ENTITLED
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AN ACT
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relating to public-private partnerships to design, develop, |
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finance, construct, and receive financial assistance for certain |
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water-related projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter H, Chapter 15, Water Code, is amended |
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by adding Section 15.4745 to read as follows: |
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Sec. 15.4745. PUBLIC-PRIVATE PARTNERSHIPS. A person that |
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receives money from the fund may enter into an agreement with a |
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private entity to design, develop, finance, or construct a project |
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described by Subchapter I, Q, or R of this chapter, Subchapter E or |
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F, Chapter 16, or Subchapter J, Chapter 17. Money from the fund may |
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be used to make payments under an agreement entered into under this |
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section. |
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SECTION 2. Subchapter I, Chapter 15, Water Code, is amended |
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by adding Section 15.5345 to read as follows: |
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Sec. 15.5345. PUBLIC-PRIVATE PARTNERSHIPS. An eligible |
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political subdivision that receives money from the fund may enter |
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into a contract as described by Subchapter A, Chapter 271, Local |
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Government Code, with a private entity to design, develop, finance, |
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or construct a flood project. Money from the fund may be used to |
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make payments under a contract entered into under this section. |
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SECTION 3. Subchapter Q, Chapter 15, Water Code, is amended |
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by adding Section 15.9805 to read as follows: |
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Sec. 15.9805. PUBLIC-PRIVATE PARTNERSHIPS. An eligible |
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political subdivision that receives money from the fund may enter |
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into a contract as described by Subchapter A, Chapter 271, Local |
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Government Code, with a private entity to design, develop, finance, |
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or construct a project. Money from the fund may be used to make |
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payments under a contract entered into under this section. |
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SECTION 4. This Act takes effect September 1, 2021. |