Relating to flood projects financed through the flood infrastructure fund.

Texas Senate Bill 47 amends the Water Code to expand the definition of "flood project" for funding through the flood infrastructure fund. It specifically adds provisions allowing projects using nature-based features for flood risk reduction, multi-purpose infrastructure that captures floodwater for water supply, and the acquisition of primary residences in 100-year floodplains from low-income homeowners (under 200% of federal poverty level). The bill exempts these newly defined projects from certain prior requirements under Section 15.534(c). This change directly affects communities in flood-prone areas and local entities managing flood infrastructure funding.