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Amend HB 2846 (house committee printing) by striking all below the enacting clause and substituting the following:
SECTION 1. Article 1, Chapter 1291, Acts of the 76th Legislature, Regular Session, 1999, is amended by adding Section 1.07 to read as follows:
Sec. 1.07. (a) Notwithstanding any other provision of this article, not later than January 1, 2020, the City of Houston shall enter into a contractual agreement with the Brazos River Authority to transfer to the Brazos River Authority all of the city's ownership interests in the Allens Creek Reservoir project, including all required water right permits, along with the responsibility to construct the project in accordance with all associated statutory requirements and deadlines.
(b) Construction of the reservoir is subject to the Brazos River Authority obtaining all necessary federal permits.
(c) In addition to other necessary provisions, the contractual agreement described by Subsection (a) must include provisions for the transfer of an amount not to exceed $23 million from the Brazos River Authority to the City of Houston.
SECTION 2. 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, 2019.