Texas Constitution Art. 3 sec. 49-d-14 – Flood Infrastructure Fund
Current as of: 2024 |
(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.
Terms Used In Texas Constitution Art. 3 sec. 49-d-14
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
(c) Separate accounts may be established in the flood infrastructure fund as necessary to administer the fund or authorized projects.
(Text of section as proposed by Acts 2019, 86th Leg., R.S., H.J.R. 4.)
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