SB2476 - Relating to transfer of the ownership rights of the Woodlawn Water Supply Corporation to the Angelina and Neches River Authority.

      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