Texas § WA.15.505 - TRANSFER OF MONEY
Full text of Texas The Texas Constitution § WA.15.505 — TRANSFER OF MONEY, with citation guidance and answers to common questions.
§ WA.15.505. TRANSFER OF MONEY
TRANSFER OF MONEY. (a) Notwithstanding any other law: (1) the board may transfer money from the fund into any other fund or account described by Section 15.502 (b); and (2) a fund or account described by Section 15.502 (b) may accept a transfer of money made under this subchapter. (b) The board may not restore to the fund money transferred from the fund and deposited to the credit of a fund or account described by Section 15.502 (b). Text of subsection effective on September 01, 2027 (c) Of the amount of money deposited to the credit of the Texas water fund under Section 7-e , Article VIII, Texas Constitution, before September 1, 2047, the administrator of the fund shall allocate not less than 50 percent to be used only for transfer to either or both of the following funds: (1) the new water supply for Texas fund established under Subchapter C-1; or (2) the state water implementation fund for Texas established under Subchapter G. Text of subsection effective on September 01, 2027 (d) This subsection and Subsection (c) expire August 31, 2047. Added by Acts 2023, 88th Leg., R.S., Ch. 457 (S.B. 28 ), Sec. 6, eff. January 1, 2024. Amended by: Acts 2025, 89th Leg., R.S., Ch. 954 (S.B. 7 ), Sec. 1.08, eff. September 1, 2025. Acts 2025, 89th Leg., R.S., Ch. 954 (S.B. 7 ), Sec. 1.09, eff. September 1, 2027.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.15.505
What does The Texas Constitution § WA.15.505 cover?
Section WA.15.505 ("TRANSFER OF MONEY") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § WA.15.505?
A common citation format is "The Texas Constitution § WA.15.505" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § WA.15.505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.