By King of Uvalde H.B. No. 3482 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the accrual of causes of actions arising out of 1-3 interests in oil and gas leases: 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Chapter 16, Section 16.004 of the Civil Practices 1-6 and Remedies Code is amended by adding Subsection 16.004(d), to 1-7 read as follows: 1-8 (d) For the purposes of this Section, a cause of action 1-9 arising out of or relating to an interest in an oil and gas lease 1-10 does not accrue until the facts giving rise to the cause of action 1-11 are discovered or, by the exercise of reasonable diligence, should 1-12 have been discovered. In applying this subsection, what should 1-13 have been discovered in the exercise of reasonable diligence shall 1-14 be determined by the fact finder in light of the circumstances of 1-15 each particular case, regardless of whether the facts giving rise 1-16 to the cause of action are inherently undiscoverable. 1-17 SECTION 2. This Act applies to all actions pending on, or 1-18 commenced on or after, the effective date of this Act. 1-19 SECTION 3. The importance of this legislation and the 1-20 crowded condition of the calendars in both houses create an 1-21 emergency and an imperative public necessity that the 2-1 constitutional rule requiring bills to be read on three several 2-2 days in each house be suspended, and this rule is hereby suspended.