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. 16.4545. FLOOD PLAN IMPLEMENTATION ACCOUNT. (a) The flood plan implementation account is an account in the resiliency fund.
(b) The board may use the account only to provide financing for projects included in the state flood plan.
(c) Money from the account 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. 3.06.