LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 17, 1995 TO: Honorable David Counts, Chair IN RE: House Bill No. 3032 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. 3032 (Relating to the regulation of petroleum storage tanks.) this office has determined the following: The bill would require the use of risk-based technologies in the evaluation of corrective action plans for the remediation of storage tanks that may pollute water resources. The use of risk- based technologies is expected to reduce average clean-up costs at leaking tank sites. The potential savings, however, cannot be determined. The fiscal implication to the State cannot be determined. No fiscal implication to units of local government is anticipated. Source: Natural Resource Conservation Commission LBB Staff: JK, JB, DF