Texas: Water
The Water Development Board proposed the adoption of a new 31 Tex. Admin. Code §375 and the simultaneous repeal of the existing statute. The law governs the state's Clean Water State Revolving Fund and would change streamline procedures for applying for and receiving grants and loans. In addition, for the first time, the Board proposed subsidies: new U.S. EPA requirements mandate that 30 percent of a capitalization grant be allotted in subsidies for entities otherwise unable to afford fund loans. In addition, 20 percent of the grant must be spent on green projects.