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Texas Constitution:Article III, Section 49-d-13: Difference between revisions
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Texas Constitution:Article III, Section 49-d-13 (view source)
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{{DISPLAYTITLE:Article III, Section 49-d-13 of the Texas Constitution (''<small>"State Water Implementation Revenue Fund for Texas"</small>'')}}{{Texas Constitution|text=Added November 5, 2013: | {{DISPLAYTITLE:Article III, Section 49-d-13 of the Texas Constitution (''<small>"State Water Implementation Revenue Fund for Texas"</small>'')}}{{Texas Constitution|text=Added November 5, 2013: | ||
'''(a) The State Water Implementation Revenue Fund for Texas is created as a special fund in the State Treasury outside the General Revenue Fund. Money in the State Water Implementation Revenue Fund for Texas shall be administered, without further appropriation, by the Texas Water Development Board or that board's successor in function and shall be used for the purpose of implementing the | '''(a) The State Water Implementation Revenue Fund for Texas is created as a special fund in the State Treasury outside the General Revenue Fund. Money in the State Water Implementation Revenue Fund for Texas shall be administered, without further appropriation, by the Texas Water Development Board or that board's successor in function and shall be used for the purpose of implementing the State Water Plan that is adopted as required by general law by the Texas Water Development Board or that board's successor in function. Separate accounts may be established in the State Water Implementation Revenue Fund for Texas as necessary to administer the fund or authorized projects.''' | ||
'''(b) The Legislature by general law may authorize the Texas Water Development Board or that board's successor in function to issue bonds and enter into related credit agreements that are payable from all revenues available to the State Water Implementation Revenue Fund for Texas.''' | '''(b) The Legislature by general law may authorize the Texas Water Development Board or that board's successor in function to issue bonds and enter into related credit agreements that are payable from all revenues available to the State Water Implementation Revenue Fund for Texas.''' | ||