Amend Amendment No. 5 by Martinez Fischer to CSSB 660 (house committee report) by striking the text of the amendment and substituting the following:

Amend CSSB 660 (house committee report) by adding the following appropriately numbered SECTION to the bill and renumbering subsequent SECTIONS of the bill accordingly:

SECTION ____.  (a) Not later than January 1, 2013, the Texas Water Development Board shall conduct a study and provide a report to the legislature on the costs and benefits to this state of hydraulic fracturing treatments and the effects of hydraulic fracturing treatments on the current and future water resources of this state. The study must include consideration of:

(1)  the desirability of requiring disclosure of information related to hydraulic fracturing treatments, such as the identity of the base fluids, additives, and chemical constituents used by a person in performing a hydraulic fracturing treatment; and

(2)  the need to protect groundwater and surface water in this state.

(b)  The board may request, accept, and administer grants, gifts, appropriations, or other money from any source to implement this section.

(c)  Notwithstanding Subsection (a) of this section, the board is required to implement this section only if a sufficient amount of money from appropriations or other sources is available for that purpose.