Honorable George "Buddy" West, Chair, House Committee on Energy Resources
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB2054 by Crownover (Relating to the regulation of gas production by the Railroad Commission of Texas.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would remove requirements that the Railroad Commission determine the status of gas production from all gas reservoirs in the state, eliminate the requirement that the monthly reservoir market demand for gas be determined through a hearing, and allow the Railroad Commission to streamline the regulatory process for setting gas well allowables. No significant fiscal impact to the Railroad Commission is expected.
Local Government Impact
No fiscal implication to units of local government is anticipated.