LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 76th Regular Session
May 12, 1999
TO: Honorable J.E. "Buster" Brown, Chair, Senate Committee on
Natural Resources
FROM: John Keel, Director, Legislative Budget Board
IN RE: HB2815 by Junell (relating to the petroleum storage tank
program; providing a penalty), Committee Report 2nd
House, as amended
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* Estimated Two-year Net Impact to General Revenue Related Funds for *
* HB2815, Committee Report 2nd House, as amended: positive impact *
* of $0 through the biennium ending August 31, 2001. *
* *
* The bill would make no appropriation but could provide the legal *
* basis for an appropriation of funds to implement the provisions of *
* the bill. *
**************************************************************************
General Revenue-Related Funds, Five-Year Impact:
****************************************************
* Fiscal Year Probable Net Positive/(Negative) *
* Impact to General Revenue Related *
* Funds *
* 2000 $0 *
* 2001 0 *
* 2002 0 *
* 2003 0 *
* 2004 0 *
****************************************************
All Funds, Five-Year Impact:
*****************************************************
* Fiscal Year Probable Savings/(Cost) from *
* Petroleum Storage Tank Remediation *
* Account/ GR-Dedicated *
* 0655 *
* 2000 $(1,240,000) *
* 2001 (1,240,000) *
* 2002 0 *
* 2003 0 *
* 2004 0 *
*****************************************************
Fiscal Analysis
The bill extends certain deadlines for petroleum storage tank owners and
operators relating to the amount of deductible they would have to pay
before receiving reimbursement for corrective action from the petroleum
storage tank remediation account.
Methodology
The bill would extend the deadline for the Texas Natural Resource
Conservation Commission (TNRCC) approval of corrective action plans
before increased deductibles have to be paid by petroleum storage tank
owners and operators. The TNRCC estimates that petroleum storage tank
owners and operators affected by this extension may be eligible for
partial refund of reimbursement deductible amounts, or may see an
adjustment in future reimbursement claims to off-set the reduced
deductible amount. The amount of partial refunds is estimated to be
between $4,000 to $40,000 and is projected to total $1.24 million in each
fiscal year 2000-01.
Local Government Impact
No significant fiscal implication to units of local government is
anticipated.
Source Agencies: 582 Natural Resource Conservation Commission
LBB Staff: JK, DE, NS