Texas Constitution:Article III, Section 49-d-7 - Revision history

Admin at 14:28, June 20, 2024

2024-06-20T14:28:11Z

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	\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")		\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")
	\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization		\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization
	\|seo_description=The Legislature may provide ~~by law~~ for subsidized loans and grants from the proceeds of Texas Water Development Bonds.		\|seo_description=The Legislature may provide for subsidized loans and grants from the proceeds of Texas Water Development Bonds.
	\|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: Undo revision 8515 by Admin (talk)

2024-06-20T14:25:44Z

Undo revision 8515 by Admin (talk)

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	{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:		{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:

	(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section 49-c of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the ~~state~~ and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.		'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''

	(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the ~~water development fund~~ for administering the ~~proceedings†~~ of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of ~~the†~~ subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this ~~constitution~~, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.		'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this Constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''

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Admin at 14:24, June 20, 2024

2024-06-20T14:24:46Z

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	{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:		{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:

	~~'''~~(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section ~~[[Texas Constitution:Article III, Section 49-c\|~~49-c]] of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the ~~State~~ and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.~~'''~~		(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section 49-c of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the state and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.

	~~'''~~(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the ~~Water Development Fund~~ for administering the ~~proceedings [sic]~~ of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of ~~the [sic]~~ subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this ~~Constitution~~, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.~~'''~~		(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the water development fund for administering the proceedings† of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the† subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.

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Admin: Text replacement - "this constitution" to "this Constitution"

2024-06-17T15:55:29Z

Text replacement - "this constitution" to "this Constitution"

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	'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''		'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''

	'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this ~~constitution~~, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''		'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this Constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''

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Admin at 19:47, June 6, 2024

2024-06-06T19:47:36Z

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	{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:		{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:

	'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this ~~article~~ for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''		'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this Article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''

	'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''		'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''

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

2024-06-02T19:40:12Z

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

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	\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization		\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization
	\|seo_description=The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds.		\|seo_description=The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds.
	\|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 19:28, August 8, 2023

2023-08-08T19:28:42Z

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	{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:		{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:

	'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the ~~state~~ and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''		'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the State and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''

	'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the ~~state~~ as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the ~~water development fund~~ for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''		'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the State as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the Water Development Fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''

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Admin: Text replacement - "Texas water development bonds" to "Texas Water Development Bonds"

2023-08-08T19:24:25Z

Text replacement - "Texas water development bonds" to "Texas Water Development Bonds"

← Older revision		Revision as of 14:24, August 8, 2023
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	{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:		{{DISPLAYTITLE:Article III, Section 49-d-7 of the Texas Constitution (''<small>"Use of Proceeds of Texas Water Development Bonds"</small>'')}}{{Texas Constitution\|text=As amended November 2, 1999:

	'''(a) The Texas Water Development Board may use the proceeds of Texas ~~water development bonds~~ issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the state and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''		'''(a) The Texas Water Development Board may use the proceeds of Texas Water Development Bonds issued for the purposes provided by Section [[Texas Constitution:Article III, Section 49-c\|49-c]] of this article for the additional purpose of providing financial assistance, on terms and conditions provided by law, to various political subdivisions and bodies politic and corporate of the state and to nonprofit water supply corporations to provide for acquisition, improvement, extension, or construction of water supply projects that involve the distribution of water to points of delivery to wholesale or retail customers.'''

	'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas ~~water development bonds~~ to provide wholesale and retail water and wastewater facilities to economically distressed areas of the state as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the water development fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas ~~water development bonds~~ is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''		'''(b) The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds to provide wholesale and retail water and wastewater facilities to economically distressed areas of the state as defined by law, provided, the principal amount of bonds that may be issued for the purposes under this subsection may not exceed $250 million. Separate accounts shall be established in the water development fund for administering the proceedings [sic] of bonds issued for purposes under this subsection, and an interest and sinking fund separate from and not subject to the limitations of the interest and sinking fund created for other Texas Water Development Bonds is established in the State Treasury to be used for paying the principal of and interest on bonds for the purposes of the [sic] subsection. While any of the bonds authorized for the purposes of this subsection or any of the interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this constitution, an amount that is sufficient to pay the principal of and interest on those bonds issued for the purposes under this subsection that mature or become due during that fiscal year.'''

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	\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")		\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")
	\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization		\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization
	\|seo_description=The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas ~~water development bonds~~.		\|seo_description=The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas Water Development Bonds.
	\|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

Admin at 19:20, August 8, 2023

2023-08-08T19:20:46Z

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	\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")		\|seo_title=Article III, Section 49-d-7 of the Texas Constitution ("Use of Proceeds of Texas Water Development Bonds")
	\|seo_keywords=Article 3 Section 49-d-7, ~~Texas Legislature~~, ~~...~~		\|seo_keywords=Article 3 Section 49-d-7, water bonds, debt authorization
	\|seo_description=The ~~legislative power~~ of Texas ~~is vested in a Senate and House of Representatives~~.		\|seo_description=The Legislature may provide by law for subsidized loans and grants from the proceeds of Texas water development bonds.
	\|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

	}}		}}


	[[Category:Water Law]]		[[Category:Water Law]]
	~~[[Category:TxCon ArtIII Sec]]~~

	[[Category:TxCon ArtIII Sec]]		[[Category:TxCon ArtIII Sec]]

Admin at 19:19, August 8, 2023

2023-08-08T19:19:12Z

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	~~None~~.		Added in 1989, this section has been amended twice. The 1999 modification was part of a "constitutional cleanup amendment."

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