LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 18, 1995
TO: Honorable David Counts, Chair IN RE: House Bill No. 2587
Committee on Natural Resources By: Alexander
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2587 (Relating to the operation of certain aboveground and
underground storage tanks and the regulation of underground
storage tank installers; providing penalties.) this office has
determined the following:
The bill would eliminate eligibility for reimbursement from the
Petroleum Storage Tank Reimbursement Fund for any releases
reported after December 22, 1998.
The bill would expand fee authority for licenses and
registrations to provide for recovery of costs of regulation of
storage tank contractors and project managers.
The revenue from the registration and certification of storage
tank professionals is anticipated to offset the current costs of
operating the storage tank professional licensing and
registration program.
The probable fiscal implication of implementing the provisions of
the bill during each of the first five years following passage
is estimated as follows:
Fiscal Probable Revenue
Year Gain to Storage
Tank Fund 583
1996 $220,000
1997 220,000
1998 220,000
1999 220,000
2000 220,000
Similar annual fiscal implications would continue as long as the
provisions of the bill are in effect.
The fiscal implication to units of local government cannot be
determined.
Source: Natural Resource Conservation Commission
LBB Staff: JK, JB, DF