Texas Voters OK Creation Of $2B Water Infrastructure Fund
Law360, Dallas (November 5, 2013, 10:53 PM EST) -- Texas voters on Tuesday overwhelmingly approved creation of a $2 billion revolving loan fund that will support water infrastructure projects across the state, in a win for both environmental and industry groups that have raised warning sirens about looming water scarcity in the state.
Prop 6 passed by about 73 percent to 27 percent, with 99 percent of precincts reporting. The measure sets the stage for creation of the State Water Implementation Fund for Texas, or SWIFT, which will provide direct loans and credit enhancements to finance key infrastructure projects as part of the state’s 50-year plan.
The funding is the...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!