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A BILL TO BE ENTITLED
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AN ACT
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relating to confidentiality provisions of certain contracts for the |
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sale, transportation, or gathering of natural gas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 81.060, Natural Resources Code, is |
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amended by adding Subsections (c) and (d) to read as follows: |
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(c) A confidentiality provision may not be required in a |
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contract between the owner or operator of a pipeline and a shipper |
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for the sale, transportation, or gathering of natural gas that is |
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entered into on or after September 1, 2023. |
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(d) A confidentiality provision in a contract between the |
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owner or operator of a pipeline and a shipper for the sale, |
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transportation, or gathering of natural gas that was entered into |
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before September 1, 2023, becomes unenforceable on the date the |
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term of the contract expires. |
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SECTION 2. This Act takes effect September 1, 2023. |