(a) In this section, “Texas Water Trust” means the trust established under § 15.7031, Water Code.
(b) Consistent with § 11.0235(b), Water Code, and the department’s duties and responsibilities, the department shall encourage and facilitate the dedication of water rights in the Texas Water Trust through lease, donation, purchase, or other means of voluntary transfer for environmental needs, including for the purpose of maintaining or improving:
(1) instream flows;
(2) water quality;
(3) fish and wildlife habitat; and
(4) bay and estuary inflows.

Terms Used In Texas Parks and Wildlife Code 12.028

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(c) The department may manage rights in the Texas Water Trust in a manner that is consistent with:
(1) the manner in which a holder of the rights may manage the rights;
(2) the dedication of the rights, including the dedication’s terms and conditions;
(3) Sections 11.0237, 11.027, and 11.122, Water Code; and
(4) maximizing environmental benefits.
(d) This section may not be construed to authorize the department to exercise any authority expressly granted to the Texas Water Development Board or the Texas Commission on Environmental Quality under Subchapter K, Chapter 15, Water Code.

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