(a) The water loan assistance fund is created, to be funded by direct appropriation and by the board at its discretion from the fund.
(b) Repayments of loans shall be deposited in the water assistance fund.

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Terms Used In Texas Water Code 15.101

  • 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