The Texas Senate Committee on Finance convened on May 7, 2025, to discuss critical water infrastructure needs and the proposed HJR 7, which aims to establish a dedicated funding source for Texas' water supply. The meeting highlighted the urgent necessity for sustainable water management as the state faces increasing demands from job growth and population expansion.

During the session, stakeholders emphasized the importance of a long-term investment in water resources to ensure economic stability. Mr. Yancey, representing the Texas Business and Landowners Coalition, expressed gratitude for the leadership of Chairman Charles Perry and Governor Abbott, who identified water investment as a priority. He noted that without adequate water supply, Texas risks losing its competitive edge, as businesses and communities depend on reliable access to water.

Heather Harward, representing the Texas Water Supply Partners, spoke in favor of HJR 7, stating that it represents a historic opportunity to secure a dedicated revenue stream for water infrastructure financing. She pointed out that since the passage of Senate Bill 1 in 1997, efforts to establish such funding have been ongoing, and HJR 7 could finally meet the needs outlined in the Texas State Water Plan.

Chairman Perry raised concerns about the current state water plan, arguing that even if all proposed projects were completed, Texas would still face a significant shortfall of 2.5 million acre-feet of water. He highlighted that the plan does not adequately account for agricultural needs and consumer behavior changes, which are critical for realistic water management.

The committee's discussions underscored the pressing need for a comprehensive approach to water planning that considers both current and future demands. As Texas continues to grow, the establishment of a sustainable funding source for water infrastructure remains a pivotal issue for lawmakers and stakeholders alike. The committee plans to continue working on HJR 7 to address these challenges and secure the necessary investments for Texas' water future.