Sec. 49-d-10.  ADDITIONAL BONDS FOR FINANCIAL ASSISTANCE TO ECONOMICALLY DISTRESSED AREAS.  (a)  The Texas Water Development Board may issue additional general obligation bonds, at its determination, for the economically distressed areas program account of the Texas Water Development Fund II, in an amount not to exceed $250 million.  The bonds shall be used to provide financial assistance to economically distressed areas of the state as defined by law.
(b)  Section 49-d-8(e) of this article applies to the bonds authorized by this section.
(Added Nov. 6, 2007.)