Bill: SB 942, 86(R) - 2019

Committee

Senate Water & Rural Affairs

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

Nathan Johnson
Charles Perry

Bill Caption

Relating to the use of money in the state water pollution control revolving fund.

Fiscal Notes

According to the Legislative Budget Board, no significant fiscal implication to the State is anticipated.

Bill Analysis

SB 942 would require that funds in the Clean Water State Revolving Fund only be used for projects eligible for assistance under the Water Resources Reform and Development Act of 2014. Specifically, the bill would remove requirements that the term of any loan made from the fund be no more than 20 years and instead require that the loan be fully amortized at or before the expiration date of the term of the loan. 

Vote Recommendation Notes

Texas Action remains neutral on SB 942 as it is not affected by our liberty principles.


Source URL (retrieved on 04/25/2024 01:04 AM): http://reports.texasaction.com/bill/86r/sb942?print_view=true