Texas Constitution:Article III, Section 49-d-14 - Revision history

Admin at 16:06, June 21, 2024

2024-06-21T16:06:52Z

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	'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''		'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''

	'''(c) Section [[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|49-d-8(e)]] of this Article applies to the additional general obligation bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8\|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the ~~economically distressed areas program~~ does not apply to the bonds authorized by and issued under this section.'''		'''(c) Section [[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|49-d-8(e)]] of this Article applies to the additional general obligation bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8\|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the Economically Distressed Areas Program does not apply to the bonds authorized by and issued under this section.'''

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Admin at 16:02, June 21, 2024

2024-06-21T16:02:12Z

← Older revision		Revision as of 11:02, June 21, 2024
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	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''

	'''(a) In addition to the bonds authorized by the other provisions of this Article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the ~~economically distressed areas program account~~ of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''		'''(a) In addition to the bonds authorized by the other provisions of this Article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the Economically Distressed Areas Program Account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''

	'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''		'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''

Admin at 21:56, June 20, 2024

2024-06-20T21:56:39Z

← Older revision		Revision as of 16:56, June 20, 2024
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	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''

	(a) The ~~flood infrastructure fund~~ is created as a special fund in the ~~state treasury~~ outside the ~~general revenue fund~~.		'''(a) The Flood Infrastructure Fund is created as a special fund in the State Treasury outside the General Revenue Fund.'''

	(b) As provided by general law, money in the ~~flood infrastructure fund~~ may be administered and used, without further appropriation, by the Texas Water Development Board or that board's successor in function to provide financing for a drainage, flood mitigation, or flood control project, including: (1) planning and design activities; (2) work to obtain regulatory approval to provide nonstructural and structural flood mitigation and drainage; or (3) construction of structural flood mitigation and drainage infrastructure.		'''(b) As provided by general law, money in the Flood Infrastructure Fund may be administered and used, without further appropriation, by the Texas Water Development Board or that board's successor in function to provide financing for a drainage, flood mitigation, or flood control project, including: (1) planning and design activities; (2) work to obtain regulatory approval to provide nonstructural and structural flood mitigation and drainage; or (3) construction of structural flood mitigation and drainage infrastructure.'''

	(c) Separate accounts may be established in the ~~flood infrastructure fund~~ as necessary to administer the fund or authorized projects.		'''(c) Separate accounts may be established in the Flood Infrastructure Fund as necessary to administer the fund or authorized projects.'''

	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''

	(a) In addition to the bonds authorized by the other provisions of this ~~article~~, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the ~~state~~ as defined by law.		'''(a) In addition to the bonds authorized by the other provisions of this Article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''

	(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the ~~attorney general~~, and delivery to the purchaser or purchasers of the bonds.		'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''

	(c) Section 49-d-8(e) of this ~~article~~ applies to the additional general obligation bonds authorized by this section. The limitation in Section 49-d-8 of this ~~article~~ that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.		'''(c) Section [[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|49-d-8(e)]] of this Article applies to the additional general obligation bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8\|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.'''

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Admin at 21:54, June 20, 2024

2024-06-20T21:54:22Z

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	\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development		\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development
	\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.		\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.
			\|seo_published_time=2019-11-05T12:30:30Z
	\|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg		\|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg
	\|seo_image_alt=Article III: Legislative Department		\|seo_image_alt=Article III: Legislative Department

Admin at 21:49, June 20, 2024

2024-06-20T21:49:54Z

← Older revision		Revision as of 16:49, June 20, 2024
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	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''

	~~'''~~(a) The ~~Flood Infrastructure Fund~~ is created as a special fund in the ~~State Treasury~~ outside the ~~General Revenue Fund~~.~~'''~~		(a) The flood infrastructure fund is created as a special fund in the state treasury outside the general revenue fund.

	~~'''~~(b) As provided by general law, money in the ~~Flood Infrastructure Fund~~ may be administered and used, without further appropriation, by the Texas Water Development Board or that board's successor in function to provide financing for a drainage, flood mitigation, or flood control project, including: (1) planning and design activities; (2) work to obtain regulatory approval to provide nonstructural and structural flood mitigation and drainage; or (3) construction of structural flood mitigation and drainage infrastructure.~~'''~~		(b) As provided by general law, money in the flood infrastructure fund may be administered and used, without further appropriation, by the Texas Water Development Board or that board's successor in function to provide financing for a drainage, flood mitigation, or flood control project, including: (1) planning and design activities; (2) work to obtain regulatory approval to provide nonstructural and structural flood mitigation and drainage; or (3) construction of structural flood mitigation and drainage infrastructure.

	~~'''~~(c) Separate accounts may be established in the ~~Flood Infrastructure Fund~~ as necessary to administer the fund or authorized projects.~~'''~~		(c) Separate accounts may be established in the flood infrastructure fund as necessary to administer the fund or authorized projects.

	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''

	~~'''~~(a) In addition to the bonds authorized by the other provisions of this ~~Article~~, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the ~~State~~ as defined by law.~~'''~~		(a) In addition to the bonds authorized by the other provisions of this article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the state as defined by law.

	~~'''~~(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the ~~Attorney General~~, and delivery to the purchaser or purchasers of the bonds.~~'''~~		(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the attorney general, and delivery to the purchaser or purchasers of the bonds.

	~~'''~~(c) Section ~~[[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|~~49-d-8(e)]] of this ~~Article~~ applies to the additional general obligation bonds authorized by this section. The limitation in Section ~~[[Texas Constitution:Article III, Section 49-d-8\|~~49-d-8]] of this ~~Article~~ that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.~~'''~~		(c) Section 49-d-8(e) of this article applies to the additional general obligation bonds authorized by this section. The limitation in Section 49-d-8 of this article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.

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Admin at 19:52, June 6, 2024

2024-06-06T19:52:29Z

← Older revision		Revision as of 14:52, June 6, 2024
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	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''

	'''(a) In addition to the bonds authorized by the other provisions of this ~~article~~, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''		'''(a) In addition to the bonds authorized by the other provisions of this Article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''

	'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''		'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''

	'''(c) Section [[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|49-d-8(e)]] of this ~~article~~ applies to the additional general obligation bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8\|49-d-8]] of this ~~article~~ that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.'''		'''(c) Section [[Texas Constitution:Article III, Section 49-d-8#mw-content-text\|49-d-8(e)]] of this Article applies to the additional general obligation bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8\|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of general obligation bonds previously authorized for the economically distressed areas program does not apply to the bonds authorized by and issued under this section.'''

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Admin: Text replacement - "|seo_image=Texas_Constitution_of_1876_Article_3.jpg" to "|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg"

2024-06-02T19:42:20Z

Text replacement - "|seo_image=Texas_Constitution_of_1876_Article_3.jpg" to "|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg"

← Older revision		Revision as of 14:42, June 2, 2024
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	\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development		\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development
	\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.		\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.
	\|seo_image=~~Texas_Constitution_of_1876_Article_3~~.jpg		\|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg
	\|seo_image_alt=Article III: Legislative Department		\|seo_image_alt=Article III: Legislative Department

Admin at 18:39, August 11, 2023

2023-08-11T18:39:41Z

← Older revision		Revision as of 13:39, August 11, 2023
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	{{DISPLAYTITLE:Article III, Section 49-d-14 of the Texas Constitution (''<small>"Two Sections with Same ~~Number—Water Management~~"</small>'')}}{{Texas Constitution\|text=Added November 5, 2019:		{{DISPLAYTITLE:Article III, Section 49-d-14 of the Texas Constitution (''<small>"Two Sections with Same Number–Water Projects"</small>'')}}{{Texas Constitution\|text=Added November 5, 2019:

	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., H.J.R. No. 4''
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	None.		None.

	\|seo_title=Article III, Section 49-d-14 of the Texas Constitution ("Two Sections with Same ~~Number—Water Management~~")		\|seo_title=Article III, Section 49-d-14 of the Texas Constitution ("Two Sections with Same Number–Water Projects")
	\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development		\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development
	\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.		\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.

Admin at 01:25, August 9, 2023

2023-08-09T01:25:02Z

← Older revision		Revision as of 20:25, August 8, 2023
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	''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''		''text of Article III, Section 49-d-14 proposed by Acts 2019, 86th Leg., R.S., S.J.R. No. 79''

	'''(a) In addition to the bonds authorized by the other provisions of this article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the ~~state~~ as defined by law.'''		'''(a) In addition to the bonds authorized by the other provisions of this article, the Texas Water Development Board may issue general obligation bonds, at its determination and on a continuing basis, for the economically distressed areas program account of the Texas Water Development Fund II in amounts such that the aggregate principal amount of the bonds issued by the board under this section that are outstanding at any time does not exceed $200 million. The bonds shall be used to provide financial assistance for the development of water supply and sewer service projects in economically distressed areas of the State as defined by law.'''

	'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''		'''(b) The additional general obligation bonds authorized by this section may be issued as bonds, notes, or other obligations as permitted by law and shall be sold in forms and denominations, on terms, at times, in the manner, at places, and in installments, as determined by the Texas Water Development Board. The bonds shall bear a rate or rates of interest the Texas Water Development Board determines. The bonds shall be incontestable after execution by the Texas Water Development Board, approval by the Attorney General, and delivery to the purchaser or purchasers of the bonds.'''

Admin at 01:18, August 9, 2023

2023-08-09T01:18:49Z

← Older revision		Revision as of 20:18, August 8, 2023
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	\|seo_title=Article III, Section 49-d-14 of the Texas Constitution ("Two Sections with Same Number—Water Management")		\|seo_title=Article III, Section 49-d-14 of the Texas Constitution ("Two Sections with Same Number—Water Management")
	\|seo_keywords=Article 3 Section 49-d-14, water ~~bonds, debt authorization~~		\|seo_keywords=Article 3 Section 49-d-14, flood infrastructure, water development
	\|seo_description=There are currently two Article III sections numbered 49-d-14.		\|seo_description=There are currently two Article III sections numbered 49-d-14. Both were approved by voters on November 5, 2019.
	\|seo_image=Texas_Constitution_of_1876_Article_3.jpg		\|seo_image=Texas_Constitution_of_1876_Article_3.jpg
	\|seo_image_alt=Article III: Legislative Department		\|seo_image_alt=Article III: Legislative Department