Title: Establishes a Fund for Groundwater Research, Science, and Innovation
Vote to pass a bill that establishes a fund for groundwater research, science and innovation in Texas
Specifies that the Groundwater Science, Research, and Innovation Fund consists of (Sec. 1) :
Money appropriated for transfer or deposit to the credit of the fund;
Money the board transfers to the fund from any available source;
Depositary interest allocable to the fund and other investment returns on money in the fund;
Money from gifts, grants, or donations to the fund; and
Any other fees or sources of revenue that the legislature may dedicate for deposit to the fund.
Specifies that the board may use the fund only to provide financial assistance in the form of grants to finance district programs and projects that are designed to (Sec. 1):
Improve understanding of local groundwater conditions;
Develop or improve groundwater models relied on for planning and decision-making;
Improve groundwater use efficiency and increase water conservation efforts;
Increase groundwater recharge; or
Protect groundwater quality.
Specifies that this act takes effect September 1, 2025 (Sec. 2).
Title: Establishes a Fund for Groundwater Research, Science, and Innovation