LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session April 29, 1999 TO: Honorable Troy Fraser, Chair, Senate Committee on Technology & Business Growth FROM: John Keel, Director, Legislative Budget Board IN RE: HB2109 by Bonnen (Relating to limits on liability of a taxing unit for storage tanks.), As Engrossed ************************************************************************** * No significant fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact This bill would limit the liability of taxing units that assume ownership through delinquent tax foreclosure of property containing underground or aboveground storage tanks. The proposed liability limitations could provide potential cost savings associated with remediation for damage caused by underground and aboveground storage tanks. Source Agencies: 304 Comptroller of Public Accounts, 582 Natural Resource Conservation Commission LBB Staff: JK, TH, DE, NS