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A JOINT RESOLUTION
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proposing a constitutional amendment providing for the creation of |
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the water infrastructure resiliency fund and the critical |
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infrastructure resiliency fund to assist in the financing of |
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certain infrastructure projects. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article III, Texas Constitution, is amended by |
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adding Section 49-d-15 to read as follows: |
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Sec. 49-d-15. (a) The water infrastructure resiliency fund |
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is created as a special fund in the state treasury outside the |
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general revenue fund. |
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(b) As provided by general law, money in the water |
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infrastructure resiliency fund may be administered and used, |
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without further appropriation, by the Texas Water Development Board |
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or that board's successor in function to provide financing for |
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weatherizing and hardening water and wastewater systems |
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(c) Separate accounts may be established in the water |
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infrastructure resiliency fund as necessary to administer the fund |
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or authorized projects. |
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SECTION 2. Article III, Texas Constitution, is amended by |
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adding Section 49-q to read as follows: |
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Sec. 49-q. (a) The critical infrastructure resiliency fund |
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is created as a special fund in the state treasury outside the |
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general revenue fund. |
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(b) As provided by general law, money in the critical |
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infrastructure resiliency fund may be administered and used, |
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without further appropriation, by the Texas Division of Emergency |
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Management or that division's successor in function to provide |
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financing for: |
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(1) localized improvements to the electric grid; |
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(2) improvements at and between buildings to create |
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micro-grids; |
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(2) hardening lines of emergency communication; and |
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(3) purchasing reserve power supply such as onsite |
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generation and energy storage systems necessary to sustain: |
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(A) emergency communications; and |
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(B) critical medical care. |
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(c) Separate accounts may be established in the critical |
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infrastructure resiliency fund as necessary to administer the fund |
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or authorized projects. |
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SECTION 3. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 2, 2021. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment providing for the |
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creation of the modern infrastructure fund to assist in the |
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financing of modern electric, transportation, and communications |
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infrastructure projects." |