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