Relating to the projects eligible for financial assistance from the flood infrastructure fund.

HB 4460 clarifies which flood-related projects qualify for financial assistance from Texas' flood infrastructure fund. It expands eligibility to include planning, regulatory approvals, construction of both structural and nature-based flood mitigation projects (like green infrastructure), and multi-purpose projects that capture floodwater for reuse as a water supply. This bill directly affects local governments and communities seeking funding for flood control and drainage improvements. The changes take effect September 1, 2025, after the bill is enacted.