SRC-MAX H.B. 1428 75(R) BILL ANALYSIS Senate Research Center H.B. 1428 By: Stiles (Galloway) State Affairs 5-6-97 Engrossed DIGEST On January 10, 1901, Spindletop Oil Field struck oil and changed the course of history in Southeast Texas and around the state. As the first major oil field discovered in Texas, Spindletop broke John D. Rockefeller's Standard Oil 40-year monopoly of the petroleum industry. Spindletop initiated the search for oil throughout Texas and the Southwest, and the spinoffs of Spindletop became Texaco and Gulf Oil. January 10, 2001, will be the 100-year anniversary of the Spindletop discovery and festivity ideas are already in the works. In order to assure a well-organized celebration of not only Spindletop's anniversary but also a century of Texas economic, social, and political history based on oil, a statewide oversight commission to coordinate events is necessary. This bill would create the Spindletop Centennial Celebration Commission (Spindletop 2001 Commission) composed of members from around the state to coordinate Spindletop's historic anniversary. PURPOSE As proposed, H.B. 1428 creates the Spindletop Centennial Celebration Commission. RULEMAKING AUTHORITY Rulemaking authority is granted to the Spindletop Centennial Celebration Commission in SECTION 5 of this bill. SECTION BY SECTION ANALYSIS SECTION 1. COMMISSION. Provides that the Spindletop Centennial Celebration Commission (Spindletop 2001 Commission) is a state agency, and sets forth the composition of the commission. Sets forth provisions for ex officio members of the commission. Sets forth the duties of the members of the board. Sets forth requirements for appointment to the commission and other provision regarding the administration of the board. SECTION 2. TERMS. Sets forth provisions regarding the terms of public members of the commission. SECTION 3. OFFICERS. Sets forth provisions regarding a presiding officer of the commission. SECTION 4. COMPENSATION. Set forth the entitlement provisions for compensation for public members and ex officio members. SECTION 5. MEETINGS. Requires the commission to meet at the call of the presiding officer and as provided by commission rule. Requires scheduled meetings to be held at the Texas Energy Museum in Beaumont. Authorizes special meetings to be held at other locations in the state. SECTION 6. POWERS AND DUTIES. Sets forth the powers and duties of the commission. SECTION 7. FINAL REPORT. Requires the commission to file with the secretary of state a final report verified by a certified public accountant that contains certain information. SECTION 8. INITIAL TERMS. Provides that the terms of the initial public members appointed to the commission expire February 1, 1999. SECTION 9. EXPIRATION. Provides that this Act expires and the commission is abolished March 31, 2002. SECTION 10. Emergency clause. Effective date: upon passage.