TO: | Honorable George "Buddy" West, Chair, House Committee on Energy Resources |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB1194 by West, George "Buddy" (Relating to pipeline safety fees.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2004 | $1,461,463 |
2005 | $1,461,113 |
2006 | $1,461,463 |
2007 | $1,461,113 |
2008 | $1,461,113 |
Fiscal Year | Probable Revenue Gain fromGENERAL REVENUE FUND 1 |
---|---|
2004 | $1,461,463 |
2005 | $1,461,113 |
2006 | $1,461,463 |
2007 | $1,461,113 |
2008 | $1,461,113 |
This estimate assumes that fees would be set by the Railroad Commission at a rate sufficient only to cover cost of the Safety of Pipelines and Geographic Information Systems programs. Costs for these programs are based on those identified in the agency's Building Block submission for 2004-05, plus related indirect costs. Costs are assumed to remain relatively constant through fiscal year 2008.
This estimate identifies increased revenues to the General Revenue Fund but does not identify any increased costs, since costs of the pipeline safety program are currently being paid with General Revenue Funds not supported by fee revenues.
Source Agencies: | 304 Comptroller of Public Accounts, 455 Railroad Commission
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LBB Staff: | JK, JO, CL, MS, TL
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