BEAUMONT, Texas — Texas voters said yes on Tuesday to approving Proposition Six to create a fund to support water infrastructure in the Lonestar State.
The Associated Press called the race at about 8 p.m. with 79% of the vote in favor of passing the constitutional amendment.
Here’s the full text of the proposition… "The constitutional amendment creating the Texas water fund to assist in financing water projects in this state."
The resolution will create a new special fund in the state treasury outside of the general revenue fund, endowed with a $1 billion down payment. The fund will be administered by the Texas Water Development Board to support a wide range of projects including fixing Texas’ aging, deteriorating pipes, acquiring more water sources and mitigating water loss.
A portion of the fund must be used for water infrastructure projects in rural areas as well as for water conservation strategies and water loss projects. At least 25% of the fund must also be used for the New Water Supply Fund for Texas, which will support projects to increase the state’s water supply through, for example, marine desalination and treating “produced water,” which comes from the ground during the oil fracking process.
The new fund will be created Jan. 1, 2024.
(EDITOR'S NOTE: The above video first aired on Oct.25, 2023)
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This is a developing story. We will update with more if and when we receive more confirmed information.