LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

Revision 1

April 8, 2003

TO:	Honorable George "Buddy" West, Chair, House Committee on Energy Resources
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB183 by Merritt (Relating to a requirement that the Bureau of Economic Geology of The University of Texas at Austin conduct a study of the East Texas Oil Field.), As Introduced

Estimated Two-year Net Impact to General Revenue Related Funds for HB183, As Introduced: a negative impact of ($2,051,374) through the biennium ending August 31, 2005.

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
2004	($1,039,657)