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      By: Rosenthal H.B. No. 5105       A BILL TO BE ENTITLED   AN ACT   relating to the imposition on a payor of proceeds of production from   an oil or gas well of a duty to notify a payee when payments to the   payee are suspended.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter J, Chapter 91, Natural Resources   Code, is amended by adding Section 91.409 to read as follows:           Sec.   91.409.     NOTIFICATION OF SUSPENSION OF PAYMENTS. (a)   When a payor suspends a payment to a payee for a reason other than a   reason described by Section 91.402(f), the payor shall send to the   payee a written notice stating that payments have been suspended   and explaining in reasonable detail the reason for the suspension.   The notice must be sent not later than the 30th day after the date   the payment was suspended and must include the information required   by Section 91.502(1).           (b)     A payor that suspends payment to a payee for a reason   other than a reason described by Section 91.402(f) without sending   to the payee notice of suspension as provided by Subsection (a)   shall pay to the payee interest on the amount of the suspended   payment for the period that begins on the 31st day after the date   the payment is suspended and ends on the date notice of the   suspension is delivered to the payee. The rate of interest to be   paid under this subsection is a rate two points higher than the rate   charged for that period on loans to depository institutions by the   New York Federal Reserve Bank, unless a different rate is specified   by a written agreement between the payor and payee.          SECTION 2.  Section 91.409, Natural Resources Code, as added   by this Act, applies only to a suspension of a payment of proceeds   of production from an oil or gas well made on or after the effective   date of this Act. A suspension of a payment of proceeds of   production from an oil or gas well made before the effective date of   this Act is governed by the law in effect on the date the suspension   was made, and the former law is continued in effect for that   purpose.          SECTION 3.  This Act takes effect September 1, 2025.