- Sandra Bland's Arrest, Death Takes Stage At Texas Capitol
- Planned Parenthood Skips 'Political' Texas Senate Hearing
- Court of appeals drops one charge against former Governor Rick Perry
- Trump Tours Texas-Mexico Border
- Kerry Defends Iran Nuclear Deal
- Trump Says Hispanics Love Him
- George Bush Senior Out Of ME. Hospital After Fall
- Abbott Accosted By Traveler Angered Over Gay-Marriage Stance
- Obama Challenges Critics Of Iran Nuclear Deal
- Abbott Orders Investigation Of Use Of Tissue From Abortions
- Local Opponents Of Gay Marriage Vow To Fight On
- Louisiana Gov. Jindal ready to jump into 2016 presidential race
- Abbott Signs Bill To Limit Pollution Lawsuits
- Young Protester Demands Veto Of Texas Budget Measure
- Commissioner To Leave HHSC As Deputy Takes Over
- Clinton: GOP Trying To Make It Difficult For People To Vote
- Perry Announces Presidential Run
- Travis County Gears Up To Issue Same-Sex Marriage Licenses
- Like Perry, Abbott Says He'll Leave Texas To Lure Businesses
- Texas Legislature Ends 2015 Session
- Abbott: Texas Won't Legalize Medicinal Or Recreational Pot
- Texas Legislature Ends 2015 Session
- 'Open Carry' Bill Heads To Gov. Abbott
- Austin's Top Cop Says Governor Needs To Step In On Open Carry
- Texas Senate Debating Major Open Carry Handgun Bill
- Texas House OKs Letting Clergy Refuse To Marry Gay Couples
- COA Spends $70K On Austin Code Ad Campaign
- Texas Senate Panel Passes Restrictions On Teen Abortions
- Perry Set To Announce Presidential Bid June 4 In Dallas
- Governor Abbott Signs Kari's Law for better 911 Access
- Texas Anti-Gay Marriage Bill In Limbo With Time Running Out
- House OKs Bill Restricting Minors Seeking Abortions
- Austin City Council Denounces Stereotypes In Training Session
- Supreme Court Rules Police Can't Extend Traffic Stops
- Senate Backs Allowing Pastors To Refuse To Marry Same-Sex Couples
- East Austin Could Get Luxury Golf Course
- Committee Votes Against Requiring Scrubbers For BBQ Food Trucks/Restaurants
- Waste Of Time: Texas House Votes To Keep Daylight Savings
- Senate Gives High Sign To Limited Medical Marijuana
- Pot Legalization Bill Clears House Panel
- School Shooting Victims, Families Voice Against Campus Carry
- Petition May Put Fluoridation Before San Marcos Voters
- Senate Votes To Keep Abbott Promise, Scrap Perry Tech Fund
- Abbott at Rally for Charter Schools at Capitol
- Texas House Approves Slicing State Sales Taxes For 1st Time
- Texas House Approves Licensed Open Carry Of Handguns
- Texas Pushes Closer To Licensed Open Carry Of Handguns
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- Democratic House Technicality Halts 'Open Carry' -- For Now
- Buda May Buy Water San Marcos Doesn't Use
Texas Lawmakers Ironing Out Water Fund Plan
Updated: Monday, June 2 2014, 06:32 PM CDT
$2 billion, that's how much voters approved to help quench Texas' thirst through Proposition 6.
It created two new funds that are designed to make the financing of water projects more affordable and to provide consistent, ongoing state financial assistance for water supplies
On Monday lawmakers got an update on the progress.
"It's all steps, and in the water world they're slow steps," said State Representative Allan Ritter. "The whole goal is to help all the local entities get over that hump in order to do these water developments."
After countless meetings the chairman of the Texas Water Development board says they are in the last stages of finalizing the rules on how to best disperse the funds.
Once the rules are posted, there will be time for the public to weigh in.
He also mentioned just how much money each year they think the agency will be able to disperse.
"We believe that we would be able to accept around $800 million worth of applications every year for the first 10 years," said Texas Water Development Board Chairman Carlos Rubinstein. "That is phenomenal to have that capacity."
According to the Water Development Board, the funds will be used to provide low-cost financing for projects in the state water plan -- a plan created by local and regional entities, with the assistance of the state, to meet future water demands. Projects in the state water plan will be eligible for support from the SWIFT and SWIRFT. These water projects range from conservation and reuse, to desalting groundwater and seawater, to building new pipelines and developing reservoirs and well fields, and include many other kinds of projects as well.
"About a third of our needs can be met by conservation, but it is also the least costly because its water we already have," said Rubinstein.
Rubinstein says they are hoping to be able to start dispersing funds sometime in 2015.