Bill > SB2476

This bill provides for the transfer of the Woodlawn Water Supply Corporation's ownership and assets to the Angelina and Neches River Authority (ANRA). The bill allows ANRA to enter into a contract to acquire the corporation's assets, debts, and contractual rights and obligations. Upon contract execution, all of the corporation's real property, easements, conveyance systems, and other property interests will be transferred to ANRA, and the corporation's Certificate of Convenience and Necessity (No. 10354) will be considered held by ANRA. The corporation's board of directors must notify both the Texas Commission on Environmental Quality and the Public Utility Commission of Texas about the transfer. The Public Utility Commission will automatically reissue the certificate in ANRA's name without further review or protest. Within 30 days of the transfer, the corporation's board must begin dissolution proceedings. The bill will take effect immediately if it receives a two-thirds vote in both legislative chambers, or on September 1, 2025, if it does not receive the necessary immediate-effect votes.