Texas Water Bank and Water Trust
The Texas Water Bank was created by the 73rd Texas Legislature as a mechanism
to allow for and assist in the voluntary transfer of water rights between
willing buyers and sellers. The transfer may be either temporary or permanent,
and in most instances, will require a permit modification from the Texas Commission
on Environmental Quality. The Bank is managed by the
Texas Water Development
Board, which facilitates the marketing and transfer of water and
water rights through the provision of information describing availability
and needs for water in the State. Chapter 359 Rules
adopted by the Board for the operation of the Bank are available here.
Click here to see current information about the Texas Water Trust.
Click
Here for a 2-page Printable Summary & Frequently Asked Questions
Summary
For background information on:
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The History of Water Rights in Texas
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Types of Surface Water Rights
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Various Forms of Water and Water Right Transfers
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Factors to Consider in the Sale or Purchase of Water and Water Rights
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Factors that Influence the Price or Marketability of Water and Water Rights
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The Texas Water Bank and Texas Water Trust
WATER BANK DEPOSITS FOR SALE OR LEASE
Click here to view current Water Bank Deposits.
A depositor holding a surface water right will enjoy protection from cancellation as specified in Section §359.8 (a) of the Water Bank Rules.
If interested in depositing a water right for sale or lease here are the associated Water Bank Forms (MS Word):
WATER BANK REGISTRY
As another option, instead of depositing in the Water Bank, you may consider simply posting your water right, at no cost, on the appropriate 'Registry' which can be viewed at our website. A water right listed in the registry does not have protection from cancellation under the Water Bank Rules.
DEPOSITS TO WATER TRUST
The Trust offers a significant opportunity to acquire, by donation, lease, or purchase, water rights for environmental purposes in accordance with the statute.
Click here to see current information about the Texas Water Trust.
ADDITIONAL LINKS AND CONTACTS FOR TEXAS WATER MARKETS, WATER TRUSTS, AND WATER MARKET ACTIVITY
(This listing is not comprehensive.)
Please contact Matt Nelson by phone at (512) 936-3550, by email at Matt.Nelson@twdb.texas.gov or by fax at (512) 463-9893 with your questions and/or comments about the Texas Water Bank.
FOR ADDITIONAL INFORMATION ON SURFACE WATER AVAILABILITY, WATER RIGHTS AND PERMITTING
Link to the Texas Commission on Environmental Quality (TCEQ) web page on Surface Water Availability Modelling (WAM) related to Surface Water Rights and permitting: http://www.tceq.state.tx.us/nav/util_water/wawr_permits.html
Matt Nelson
Matt.Nelson@twdb.texas.gov
(512) 936-3550
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