Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3408 by Goldman (relating to the regulation of motor fuel metering devices and motor fuel quality.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to motor fuel metering and quality could be absorbed using existing resources. The bill would remove the Texas Department of Licensing and Regulation's (TDLR) authority to regulate liquefied petroleum gas and would leave the Texas Department of Agriculture as the sole regulation authority for the liquefied petroleum gas meters. TDLR currently charges a biennial registration fee for the liquefied petroleum gas meters in Texas; therefore the agency would experience a loss of revenue if the bill is enacted but this analysis assumes that revenue loss will not be significant.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 452 Dept of License & Reg