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House Bill 3309 |
House Author: Crownover |
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Effective: 9-1-13 |
Senate Sponsor: Estes |
House Bill 3309 amends the Natural Resources Code to include in the composition of the oil and gas regulation and cleanup fund fees collected by the Railroad Commission of Texas for issuing a letter of determination regarding the total depth of surface casing required for a proposed oil or gas well. The bill specifies as a purpose of the fund the study and evaluation of electronic access to geologic data and surface casing depths necessary to protect usable groundwater in Texas.
Previous law provided for the collection of oil-field cleanup regulatory fees on oil and gas until the fund reached $20 million and provided for the resumption of such collection when the fund fell below $10 million. House Bill 3309 changes these threshold amounts to $30 million and $25 million, respectively.