Amend Floor Amendment No. 14 (by King) to CSSB 1 by striking the text of the amendment and substituting the following: Amend CSSB 1 in Article 2 of the bill by inserting the following appropriately numbered SECTION of the bill by inserting the following appropriately numbered SECTION of the bill and renumbering the subsequent SECTIONS of the bill appropriately: SECTION ____. Subchapter B, Chapter 11, Water Code, is amended by adding Section 11.0275 to read as follows: Sec. 11.0275. FAIR MARKET VALUE. Whenever the law requires the payment of fair market value for a water right, fair market value shall be determined by the amount of money that a willing buyer would pay a willing seller for the water in an arms-length transaction and shall not be limited to the amount of money that the owner of the water right has paid or is paying for the water.