Relating to financial assurance requirements for operators under the jurisdiction of the Railroad Commission of Texas.

SB 2449 allows operators under the Texas Railroad Commission to use self-insurance or parental bonding (instead of traditional bonds) to prove they can cover costs for closing produced water recycling pits and related facilities. It permits operators with multiple subsidiaries to satisfy requirements through a single consolidated bond, provided they demonstrate financial strength to the Commission. The bill also requires annual reporting on facilities covered by these mechanisms and establishes procedures for tracking financial responsibility during ownership changes like mergers. The Railroad Commission must adopt implementing rules by December 31, 2025, with the law taking effect September 1, 2025.