Amend SB 1261 (house committee report) on page 2, between lines 22 and 23, by inserting the following:
Sec. 1373.0045. LIMITATION ON AUTHORITY TO FINANCE CERTAIN ELIGIBLE PROJECTS. An issuer may finance, secure an obligation for, or otherwise fund under this chapter an eligible project that requires the use of eminent domain only before the 50th anniversary of the project's initial inclusion in any version of the state water plan. This section does not apply to an eligible project for which a water right was issued by the Texas Commission on Environmental Quality on or before September 1, 2025.