A long-awaited groundwater ownership bill was signed into law by Texas Governor Rick Perry on June 20. SB 332, by State Senator Troy Fraser (R-Horseshoe Bay) and State Rep. Allan Ritter (R-Nederland), clarifies that landowners own the groundwater below their land as real property.

Landowner groups across Texas worked alongside members of the Texas Legislature to ensure that SB 332 was passed and made law.

SB 332 states, “The legislature recognizes that a landowner owns the groundwater below the surface of the landowner’s land as real property.”

The bill goes on to say that landowners are entitled to drill for and produce the groundwater below the surface of real property. SB 332 reaffirms this landowner ownership, but still allows local groundwater conservation districts the ability to manage the groundwater.

SB 332 will go into effect on September 1.

To read more, visit www.ntxe-news.com/artman/publish/article_70289.shtml

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s