Texas 2025 - 89th Regular

Texas House Bill HB4646 Latest Draft

Bill / Introduced Version Filed 03/12/2025

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                            89R12330 SCF-F
 By: Ashby H.B. No. 4646




 A BILL TO BE ENTITLED
 AN ACT
 relating to transfer of the ownership rights of the Woodlawn Water
 Supply Corporation to the Angelina and Neches River Authority.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  DEFINITIONS. In this Act:
 (1)  "Authority" means the Angelina and Neches River
 Authority.
 (2)  "Corporation" means the Woodlawn Water Supply
 Corporation.
 SECTION 2.  TRANSFER OF WATER SUPPLY CORPORATION; ASSETS;
 DISSOLUTION.  (a)  The authority may enter into a contract with the
 corporation to transfer the assets, debts, and contractual rights
 and obligations of the corporation to the authority.
 (b)  On the date a contract is executed as provided by
 Subsection (a) of this section:
 (1)  all real property, easements, appurtenances,
 conveyance systems, transmission and treatment systems, designated
 rights-of-way, and other property interests of the corporation are
 transferred to the authority;
 (2)  Certificate of Convenience and Necessity
 No. 10354 is considered to be held by the authority; and
 (3)  the board of directors of the corporation shall
 notify:
 (A)  the Texas Commission on Environmental
 Quality of the transfer of the corporation to the authority; and
 (B)  the Public Utility Commission of Texas of the
 transfer of Certificate of Convenience and Necessity No. 10354 to
 the authority.
 (c)  On receipt of notice under Subsection (b)(3)(B) of this
 section, the Public Utility Commission of Texas shall note in its
 records that Certificate of Convenience and Necessity No. 10354 is
 held by the authority and shall reissue the certificate in the name
 of the authority without further application, notice, or hearing. A
 person, party, or entity does not have any right of protest,
 objection, or administrative review of the transfer prescribed by
 this section.
 (d)  Not later than 30 days after the date of the transfer
 under Subsection (b) of this section, the board of directors of the
 corporation shall commence dissolution proceedings of the
 corporation.
 SECTION 3.  EFFECTIVE DATE.  This Act takes effect
 immediately if it receives a vote of two-thirds of all the members
 elected to each house, as provided by Section 39, Article III, Texas
 Constitution.  If this Act does not receive the vote necessary for
 immediate effect, this Act takes effect September 1, 2025.