| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 86R8384 BRG-F | |
| 2 | 2 | By: Fallon S.B. No. 1988 | |
| 3 | 3 | ||
| 4 | 4 | ||
| 5 | 5 | A BILL TO BE ENTITLED | |
| 6 | 6 | AN ACT | |
| 7 | 7 | relating to causes of action for withholding payments of the | |
| 8 | 8 | proceeds from the sale of oil and gas production. | |
| 9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 10 | 10 | SECTION 1. Section 91.402, Natural Resources Code, is | |
| 11 | 11 | amended by adding Subsection (b-1) to read as follows: | |
| 12 | 12 | (b-1) A payee may not bring an action for breach of contract | |
| 13 | 13 | against a payor for withholding payments under Subsection (b). | |
| 14 | 14 | SECTION 2. The change in law made by this Act applies only | |
| 15 | 15 | to an action filed on or after the effective date of this Act. An | |
| 16 | 16 | action filed before the effective date of this Act is governed by | |
| 17 | 17 | the law applicable to the action immediately before the effective | |
| 18 | 18 | date of this Act, and that law is continued in effect for that | |
| 19 | 19 | purpose. | |
| 20 | 20 | SECTION 3. This Act takes effect immediately if it receives | |
| 21 | 21 | a vote of two-thirds of all the members elected to each house, as | |
| 22 | 22 | provided by Section 39, Article III, Texas Constitution. If this | |
| 23 | 23 | Act does not receive the vote necessary for immediate effect, this | |
| 24 | 24 | Act takes effect September 1, 2019. |