By: Madla S.B. No. 1400 2001S0757/1 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the statute of limitations for actions arising under 1-3 certain oil and gas leases. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 16.004, Civil Practice and Remedies Code, 1-6 is amended by adding Subsection (d) to read as follows: 1-7 (d) For purposes of this section, the limitations period on 1-8 a cause of action arising under an oil and gas lease does not begin 1-9 to run until the lease expires, terminates, or otherwise ceases to 1-10 exist. 1-11 SECTION 2. This Act takes effect September 1, 2001.