Rainy Day Fund Amendment

Texas Ballot Measure - Proposition 6

Election: Nov. 5, 2013 (General)

Outcome: Passed

Categories:

Infrastructure
Constitution

Summary


SJR 1 would create the State Water Implementation Fund as a special fund inside the state treasury and outside the General Revenue Fund. Money in the fund would be administered by the Texas Water Development Board (TWDB) and would be used to implement the state water plan, as adopted by general law, by TWDB.

The proposed amendment will appear on the ballot as follows: “The constitutional amendment providing for the creation of the State Water Implementation Fund for Texas and the State Water Implementation Revenue Fund for Texas to assist in the financing of priority projects in the state water plan to ensure the availability of adequate water resources.”

Measure Text


Proposing a constitutional amendment providing for the creation of the State Water Implementation Fund for Texas and the State Water Implementation Revenue Fund for Texas to assist in the financing of priority projects in the state water plan

Resources


Official Summary

Source
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