Bill > SJR43

This Joint Resolution proposes a constitutional amendment to create a dedicated "water for Texas fund" within the state treasury, separate from general revenue, to help finance water projects across Texas. This fund would be managed by the Texas Water Development Board (TWDB), an agency responsible for water planning and financial assistance for water-related projects, and would not require legislative approval for its use. The fund can receive money through various means, including legislative transfers, dedicated revenue, investment earnings, gifts, grants, and donations, and can also be replenished by money previously disbursed from it. The legislature will determine how the money from this fund can be used, with the ultimate goal of supporting water infrastructure and development in the state. This proposed amendment will be put to a vote by the public on November 7, 2023.