LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 30, 1997 TO: Honorable J.E. "Buster" Brown, Chair IN RE: Senate Bill No. 1545, Committee Report 1st House, Substituted Committee on Natural Resources By: Ogden Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1545 ( Relating to the payment for proceeds derived from the sale of oil or gas from an oil or gas well located in this state.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1545-Committee Report 1st House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 582 Natural Resources Conservation Commission 455 Railroad Commission LBB Staff: JK ,BB ,JH