(a) The new water supply for Texas fund is a special fund in the state treasury administered by the board. The fund consists of:
- (1) money appropriated for transfer or deposit to the credit of the fund;
- (2) money the board transfers to the fund from any available source;
- (3) depository interest allocable to the fund and other investment returns on money in the fund;
- (4) money from gifts, grants, or donations to the fund; and
- (5) any other fees or sources of revenue that the legislature may dedicate for deposit to the fund.
- (b) The fund is exempt from the application of Section 403.095, Government Code.
Added by Acts 2023, 88th Leg., R.S., Ch. 457 (S.B. 28), Sec. 2, eff. September 1, 2023.