TITLE 31.NATURAL RESOURCES AND CONSERVATION

Part 10. TEXAS WATER DEVELOPMENT BOARD

Chapter 359. WATER BANKING

31 TAC §359.2, §359.14

The Texas Water Development Board (the board) adopts amendments to 31 TAC §359.2 and §359.14, concerning Water Banking, without changes to the proposed amendments as published in the April 4, 2003, issue of the Texas Register (28 TexReg 2919) and will not be republished. The amendments are adopted to update a definition and to change the requirement for fee schedule approval. The amendments will provide cleanup and clarification as a result of the four-year rule review requirement of Texas Government Code §2001.039.

The board adopts amendment to §359.2, Definitions, to update the definition of "Commission" from the "The Texas Natural Resource Conservation Commission" to "The Texas Commission on Environmental Quality," to reflect the agency's name change. Amendment to §359.14, Fees, is adopted to change the requirement for approval of the fee schedule from two years, to an as needed basis.

The original intent in adopting the fee schedule revisions every two years was to provide an adjustment to the fees if market prices made the amount unduly burdensome and interfered with the use of the water bank for marketing. However, based on the water bank activities to date, staff considers the current fee structure reasonable and does not, at this time, foresee any significant water market changes or objections to the fee schedule by the public that would warrant a biennial reconsideration of the fee.

No comments were received on the proposed amendments.

Statutory authority: Water Code, §6.101 and §15.703(b).

Cross reference to statute: Water Code, Chapter 15, Subchapter K and Chapter 11, Subchapter E.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on May 21, 2003.

TRD-200303165

Suzanne Schwartz

General Counsel

Texas Water Development Board

Effective date: June 10, 2003

Proposal publication date: April 4, 2003

For further information, please call: (512) 463-7981