88R13277 KBB-D
By: Schwertner S.B. No. 1872
A BILL TO BE ENTITLED
AN ACT
relating to confidentiality provisions of certain contracts for the
sale, transportation, or gathering of natural gas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 81.060, Natural Resources Code, is
amended by adding Subsections (c) and (d) to read as follows:
(c) A confidentiality provision may not be required in a
contract between the owner or operator of a pipeline and a shipper
for the sale, transportation, or gathering of natural gas that is
entered into on or after September 1, 2023.
(d) A confidentiality provision in a contract between the
owner or operator of a pipeline and a shipper for the sale,
transportation, or gathering of natural gas that was entered into
before September 1, 2023, becomes unenforceable on the date the
term of the contract expires.
SECTION 2. This Act takes effect September 1, 2023.