As Texas Bakes in a Long Drought, Water Becomes a Focus for Legislators
One might also say that up to 80% of the money won't be used for conservation and reuse.
Lt. Gov. David Dewhurst and other Republicans proposed tapping an emergency fund that is fed by taxes on oil production to finance the building of new reservoirs and other projects identified in the states 50-year water plan, an unusual move in a state where fiscal conservatives usually push to streamline government and limit spending.
Gov. Rick Perry, a Republican, and the House speaker, Joe Straus III, a Republican from San Antonio, both mentioned the states water needs in their opening-day speeches to legislators on Tuesday, despite the rainfall that soaked Austin as they spoke.
In 2011, the last time the Legislature convened for one of its biennial sessions, Representative Allan Ritter, a Republican and the chairman of the House Natural Resources Committee, was unsuccessful in getting lawmakers to approve legislation imposing an annual fee on water users like homeowners and businesses to help finance projects in the state water plan.
But on Thursday, Mr. Ritter proposed bills that would draw $2 billion from the states emergency Rainy Day Fund to establish a water infrastructure bank that would lend money for the projects. This time, his proposals received support from Republican leaders and groups that are often on the opposite sides of issues, including the Sierra Clubs Texas chapter, the Texas Association of Business and other industry groups.
At least 20 percent of the money available in the fund would be used for conservation and reuse efforts.
http://www.nytimes.com/2013/01/13/us/texas-drought-pushes-lawmakers-to-focus-on-water-in-new-session.html