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Texas Constitution:Article III, Section 49-d-12: Difference between revisions
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Texas Constitution:Article III, Section 49-d-12 (view source)
Revision as of 10:55, June 17, 2024
, June 17Text replacement - "this constitution" to "this Constitution"
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'''(h) Any dedication or appropriation of amounts on deposit in the State Water Implementation Fund for Texas may not be modified so as to impair any outstanding obligation under a bond enhancement agreement secured by a pledge of those amounts unless provisions have been made for a full discharge of the bond enhancement agreement.''' | '''(h) Any dedication or appropriation of amounts on deposit in the State Water Implementation Fund for Texas may not be modified so as to impair any outstanding obligation under a bond enhancement agreement secured by a pledge of those amounts unless provisions have been made for a full discharge of the bond enhancement agreement.''' | ||
'''(i) Money in the State Water Implementation Fund for Texas is dedicated by this | '''(i) Money in the State Water Implementation Fund for Texas is dedicated by this Constitution for purposes of Section [[Texas Constitution:Article VIII, Section 22|22]], Article VIII, of this Constitution and an appropriation from the Economic Stabilization Fund to the credit of the State Water Implementation Fund for Texas is an appropriation of state tax revenues dedicated by this Constitution for the purposes of Section [[Texas Constitution:Article VIII, Section 22|22]], Article VIII, of this Constitution.''' | ||
'''(j) This section being intended only to establish a basic framework and not to be a comprehensive treatment of the State Water Implementation Fund for Texas, there is hereby reposed in the Legislature full power to implement and effectuate the design and objects of this section, including the power to delegate such duties, responsibilities, functions, and authority to the Texas Water Development Board or that board's successor in function as the Legislature believes necessary.''' | '''(j) This section being intended only to establish a basic framework and not to be a comprehensive treatment of the State Water Implementation Fund for Texas, there is hereby reposed in the Legislature full power to implement and effectuate the design and objects of this section, including the power to delegate such duties, responsibilities, functions, and authority to the Texas Water Development Board or that board's successor in function as the Legislature believes necessary.''' | ||