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Texas approves bill to guide, fund water projects

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Legislation to tackle Texas' water woes was approved by the Texas Senate on Monday. House Bill 4, filed by State Rep. Allan Ritter, R-Nederland, would direct $2 billion into a water infrastructure fund that would offer loans for projects such as new water reservoirs, pipelines and conservation projects. The legislation will restructure the Texas Water Development Board to a three-member, full-time board; set out the oversight and management of the fund; and direct local regions and the board to… Reported by bizjournals 5 hours ago.

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