SLS 14RS-571 ORIGINAL Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2014 SENATE BILL NO. 141 BY SENATOR LONG WATER/WATERWAYS. Extends the time when the state may enter into a cooperative endeavor agreement for the sale of surface water. (8/1/14) AN ACT1 To amend and reenact R.S. 30:961(E), relative to cooperative endeavor agreements for the2 withdrawal of surface water; to extend the time frame within which opportunities for3 cooperative endeavor agreements for such withdrawal may be entered into; to4 provide terms, conditions, and requirements; and to provide for related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. R.S. 30:961(E) is hereby amended and reenacted to read as follows: 7 ยง961. Cooperative endeavor agreements; withdrawal of surface water; intent8 * * *9 E.(1) A cooperative endeavor agreement to withdraw running surface water,10 or an assignment of such, entered into pursuant to the provisions of this Chapter shall11 have an initial term not to exceed two years. No new cooperative endeavor12 agreement shall be entered into for which an application was received by the13 department after December 31, 2014 2016; however, except as otherwise provided14 in this Subsection, existing agreements may be renewed in two-year increments but15 shall terminate no later than December 31, 2020.16 (2) A person or entity who has entered into a cooperative endeavor agreement17 SB NO. 141 SLS 14RS-571 ORIGINAL Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. to withdraw running surface waters or has obtained an assignment of such, may1 terminate such agreement after December 31, 2014 2016. In order to be effective, the2 person or entity seeking to terminate shall provide written notice by certified mail3 to the secretary at least thirty days prior to termination.4 * * *5 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by McHenry Lee. DIGEST Long (SB 141) Present law allows a person or entity to enter into a cooperative endeavor agreement to withdraw running surface water. Present law requires that a cooperative endeavor agreement to withdraw running surface water will have an initial term not to exceed two years. Further requires that no new cooperative endeavor agreement can be entered into for which an application was received by DNR after December 31, 2014. Proposed law retains present law but extends the date for which an application can be received from December 31, 2014, to December 31, 2016. Present law provides that a person or entity who enters into a cooperative endeavor agreement to withdraw running surface waters may terminate such agreement after December 31, 2014. Proposed law retains present law but extends the termination date from December 31, 2014, to December 31, 2016. Effective August 1, 2014. (Amends R.S. 30:961(E))