Texas House takes step toward $2 billion water infrastructure plan

Reuters: The Texas House of Representatives on Wednesday overwhelmingly approved a bill that would create a fund to finance water infrastructure projects in a state suffering from two years of widespread drought. The House passed the bill along to the Senate on a vote of 146-2. The measure sets up a system for Texas to provide loans for projects such as reservoirs, wells and conservation efforts. The bill's author has a separate proposal to draw $2 billion from the state's rainy-day fund to help finance......

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