Relating to the provision of financial assistance by the Texas Water Development Board for certain projects.

SB 1967 expands eligibility for Texas Water Development Board flood infrastructure funding to include nature-based flood mitigation projects and multi-purpose systems that capture stormwater or treated wastewater for water supply. It redefines "flood project" in the Water Code to explicitly cover planning, regulatory approval, structural construction, and nonstructural projects using natural features. This change directly affects communities, municipalities, and water districts seeking financial assistance for qualifying flood control and water management infrastructure. The bill amends the Water Code to include these expanded project types under the existing flood infrastructure fund, effective September 1, 2025.