LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 1, 1997
         
         
      TO: Honorable Steve Holzheauser, Chair            IN RE:  House Bill No. 3492
          Committee on Energy Resources                              By: Holzheauser
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB3492 ( Relating 
to the Texas Committee on Energy Policy and the Texas Energy 
Coordination Council.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB3492-As Introduced
         

The bill would make no appropriation but could provide the 
legal basis for an appropriation of funds to implement the provisions 
of the bill.
         
The bill would designate the Texas Energy Coordination Council 
as a separate state agency.  Currently, the council receives 
adminstrative support from the University of Texas at Austin. 
 The bill would entitle the council to an appropriation of $500,000 
in oil overcharge funds each biennium, plus any unexpended balances 
from prior biennia.
         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   302   Office of the Attorney General
                                         304   Comptroller of Public Accounts
                                         473   Public Utility Commission of Texas
                                         305   General Land Office and Veterans' Land Board
                                         303   General Services Commission
                                         455   Railroad Commission
                                         
                      LBB Staff:   JK ,BB ,RN