The proposed amendment will provide for the issuance of state general obligation bonds by the Texas Water Development Board (TWDB) in an amount not to exceed $2 billion. TWDB would use the bond proceeds to make low interest loans to Texas communities for various projects.
Water Project Amendment Endorsed
December 1, 2001
The Trinity River (Texas) Authority's board of directors has endorsed a Texas State constitutional amendment that will provide $2 billion in bonds for a variety of water supply, water quality and flood control projects.