Voters will have a chance to weigh in this November on a new $2.5 billion funding mechanism passed by the Texas Legislature in late May that would conserve the state's water supply through funding from the state's Economic Stabilization Fund.
Voters will either deny or support Senate Joint Resolution 1, a constitutional amendment authored by state Sen. Tommy Williams, R-The Woodlands, to create two new accounts outside of general revenue and transfer funds to the State Water Implementation Fund of Texas for the state's new water conservation plan laid out in House Bill 4.
Passed through the Texas House and Senate late last month, HB 4 is constructed to support the next 50 years and $30 billion worth of the state's water supply and promote water conservation in hindsight of the statewide 2011 drought that created $8.7 billion in damages.







