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89(R) SB 2476 - Enrolled version - Bill Text
S.B. No. 2476
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.
______________________________
______________________________
President of the Senate
Speaker of the House
I hereby certify that S.B. No. 2476 passed the Senate on
May 1, 2025, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 2476 passed the House on
May 10, 2025, by the following vote: Yeas 121, Nays 7, two
present not voting.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor