78R14858 MI-D
By: Puente H.B. No. 2293
Substitute the following for H.B. No. 2293:
By: Puente C.S.H.B. No. 2293
A BILL TO BE ENTITLED
AN ACT
relating to the application of the junior priority requirement for
a water right authorizing a transfer of water from one river basin
in this state to another river basin in this state.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 11.085(n), Water Code, is amended to
read as follows:
(n) If the transfer of water is based on a contractual sale
of water, the new water right or amended permit, certified filing,
or certificate of adjudication authorizing the transfer shall
contain a condition for a term or period not greater than the
contract term. A transfer of water based on a contractual sale of
water is not subject to Subsection (s) or (t).
SECTION 2. (a) This Act takes effect immediately if it
receives a vote of two-thirds of all the members elected to each
house, as provided by Section 39, Article III, Texas Constitution.
If this Act does not receive the vote necessary for immediate
effect, this Act takes effect September 1, 2003.
(b) The change in law made by this Act applies to a transfer
of water based on a contractual sale of water regardless of the date
on which the contract was executed.