LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                            February 12, 2001
  
  
          TO:  Honorable Fred M. Bosse, Chair, House Committee on Civil
               Practices
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB736  by King, Tracy (Relating to the time that certain
               causes of action arising out of or relating to interests
               in an oil and gas lease accrue.), As Introduced
  
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*  No fiscal implication to the State is anticipated.                    *
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The bill would require that a cause of action arising under an oil and
gas lease does not accrue until the facts giving rise to the cause of
action are discovered or by the exercise of reasonable diligence should
have been discovered.
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, TB