In this chapter:
(1) "Eligible project" means one or more related water supply projects:
- (A) that are identified as recommended water management strategies in the state water plan; and
- (B) the cumulative capital costs of which are not less than $750 million.
- (2) "Indebtedness" means a bond, note, or other obligation of an issuer issued or incurred pursuant to any statutory authority other than this chapter.
- (3) "Issuer" means an agency, authority, board, body politic, department, district, instrumentality, municipal corporation, political subdivision, public corporation, or subdivision of this state.
- (4) "Obligation" means a bond, note, or other obligation, whether payable or secured by taxes other than ad valorem taxes, revenues, or a combination thereof.
- (5) "Obligation authorization" means the order, ordinance, or resolution of the issuer authorizing the obligation.
- (6) "State water plan" means the comprehensive water plan for the state adopted under Section 16.051, Water Code.
Added by Acts 2025, 89th Leg., R.S., Ch. 494 (S.B. 1261), Sec. 1, eff. September 1, 2025.