The "Under Water" effect continues to be applied when you exit a GameObject with the "Water Surface" Component from the side

Reproduction steps:
1. Open the attached "ReproProj" project
2. Open the "Assets/Scenes/SampleScene" scene
3. Click on the “Ocean” GameObject and in the Inspector set the “Geometry Type” of the “Water Surface” Component to Infinite
4. In the Scene View, move around with the arrow keys and exit the water through the side
5. Observe the results

Expected results: The "Under Water" effect is not applied when not underwater
Actual results: The "Under Water" effect is applied even when not underwater

Reproducible with: 2022.3.17f1, 2023.1.0a16
Not reproducible with: 2023.2.5f1, 2023.3.0b2
Fixed in: 2023.1.0a17
Could not test with: 2021.3.34f1(Feature does not exist)

Reproducible on: Windows 11 Pro
Not reproducible on: No other environments tested

Note: When upgrading the project from 2023.1.0a16 to 2023.1.0a17 or a few higher versions of the 2023.1 stream, the water does not render until the “Edit” -> “Project Settings” -> “Graphics” -> “HDRP Global Settings” tab is opened