BILL ANALYSIS

Senate Research Center	C.S.H.B. 3483
89R32627 SCR-F	By: G�mez; Kerwin (Perry)
	Local Government
	5/26/2025
	Committee Report (Substituted)

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

The bill author has informed the committee that there is a need in Texas for water infrastructure projects and that funding is required to meet this need. The bill author has also informed the committee that, upon conversion from a water supply corporation, special utility districts become limited in their ability to borrow money to finance and complete water and utility projects. H.B. 3483 seeks to address this issue by exempting a special utility district from certain bond approval and supervision provisions in order to make it possible for such a district to finance infrastructure projects.

(Original Author's/Sponsor's Statement of Intent)

[Note: While the statutory reference in this bill is to the Texas Natural Resource Conservation Commission (TNRCC), the following amendments affect the Texas Commission on Environmental Quality, as the successor agency to TNRCC.]

C.S.H.B. 3483 amends current law relating to the authority of a special utility district to issue a

public security.

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 1371.001(4), Government Code, to redefine "issuer."

SECTION 2. Amends Section 65.501, Water Code, as follows:

Sec. 65.501. ISSUANCE OF BONDS AND NOTES. (a) Creates this subsection from existing text and makes nonsubstantive changes.

(b) Requires that Texas Natural Resource Conservation Commission rules requiring review and approval of projects, as described by Section 49.181, provide for a simplified review and approval process for projects to be financed by revenue bonds issued under Subchapter G (Issuance of Bonds and Notes), in accordance with Sections 65.502 (Form of Bonds and Notes) through 65.507 (Use of Bond or Note Proceeds).

SECTION 3. Effective date: September 1, 2025.