Texas Statutes
Subchapter I. Flood Infrastructure Fund
Section 15.5341. Use of Infrastructure Fund

Text of section effective on adoption by the Texas Water Development Board of an initial state flood plan in accordance with legislation of the 86th Legislature, Regular Session, 2019, that requires the creation of a state flood plan.
Sec. 15.5341. USE OF INFRASTRUCTURE FUND. (a) The board may use the infrastructure fund only to provide financing for flood projects included in the state flood plan.
(b) Money from the infrastructure fund may be awarded to several eligible political subdivisions for a single flood project.
Added by Acts 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 2.03(2).