Texas SB1261: Relating to the financing of water supply projects included in the state water plan; authorizing the issuance of obligations.

What the bill says

An act relating to the financing of water supply projects included in the state water plan; authorizing the issuance of obligations.

From the enrolled text, May 21, 2025:

AN ACT relating to the financing of water supply projects included in the state water plan; authorizing the issuance of obligations. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subtitle F, Title 9, Government Code, is amended by adding Chapter 1373 to read as follows: [ADDED: CHAPTER 1373. OBLIGATIONS FOR WATER PROJECTS] [ADDED: Sec. 1373.001. DEFINITIONS. In this chapter:] [ADDED: (1)][ADDED: ][ADDED: ][ADDED: "Eligible project" means one or more related water ] [ADDED: supply projects:] [ADDED: (A)][ADDED: ][ADDED: ][ADDED: that are identified as recommended water ] [ and] [ADDED: (B)][ADDED: ][ADDED: ][ADDED: the cumulative capital costs of which are not ] [ADDED: less than $750 million.] [ADDED: (2)][ADDED: ][ADDED: ][ADDED: "Indebtedness" means a bond, note, or other ] [ADDED: obligation of an issuer issued or incurred pursuant to any ] [ADDED: statutory authority other than this chapter.] [ADDED: (3)][ADDED: ][ADDED: ][ADDED: "Issuer" means an agency, authority, board, body ] [ADDED: politic, department, district, instrumentality, municipal ] [ADDED: corporation, political subdivision, public corporation, or ] [ADDED: subdivision of this state.] [ADDED: (4)][ADDED: ][ADDED: ][ADDED: "Obligation" means a bond, note, or other ] [ADDED: obligation, whether payable or secured by taxes other than ad ] [ADDED: valorem taxes, revenues, or a combination thereof.] [ADDED: (5)][ADDED: ][ADDED: ][ADDED: "Obligation authorization" means the order, ] [ADDED: ordinance, or resolution …

Sponsors

• Charles Perry (R, SD-028) · primary sponsor
• Peter Flores (R, SD-024)
• Royce West (D, SD-023)
• Stan Gerdes (R, HD-017)

Latest actions

1. June 20, 2025: Effective on 9/1/25
2. June 20, 2025: Signed by the Governor
3. May 22, 2025: Sent to the Governor
4. May 22, 2025: Signed in the House
5. May 22, 2025: Signed in the Senate
6. May 21, 2025: Reported enrolled
7. May 21, 2025: House passage reported
8. May 21, 2025: Statement(s) of vote recorded in Journal
9. May 21, 2025: Record vote (RV#3149)
10. May 21, 2025: Passed

Votes

• Water, Agriculture and Rural Affairs Committee Vote (Out of committee): 9 yea, 0 nay, passed
• Natural Resources Committee Vote (Out of committee): 11 yea, 0 nay, passed
• Record vote RV#3949 (May 21, 2025): 135 yea, 0 nay, passed
• Record vote RV#3149 (May 21, 2025): 119 yea, 23 nay, passed
• Record vote RV#3683 (May 20, 2025): 108 yea, 23 nay, passed
• Record vote RV#3668 (May 20, 2025): 138 yea, 1 nay, passed

Common questions

What is SB1261?

SB1261 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to the financing of water supply projects included in the state water plan; authorizing the issuance of obligations.

What does SB1261 do?

In its own words: An act relating to the financing of water supply projects included in the state water plan; authorizing the issuance of obligations.

What is the status of SB1261?

Signed into law as of June 20, 2025. Latest action: Effective on 9/1/25 (June 20, 2025).

Who sponsored SB1261?

Charles Perry (R, SD-028), with 3 co-sponsors.

Where is the official record for SB1261?

On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB01261