TO: | Honorable Jim Keffer, Chair, House Committee on Energy Resources |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB499 by Orr (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced |
The bill would change the name of the Railroad Commission of Texas to the Texas Energy Commission. The bill would provide for a transition period from the effective date of the act, September 1, 2009, to January 1, 2010, and it would requires the Railroad Commission to adopt a timetable for phasing in the change of the agency’s name so as to minimize the fiscal impact of the name change.
Although the agency would incur costs in updating its website, reprinting forms and publications, changing signage, etc., this estimate assumes that such costs, estimated at approximately $100,000 in fiscal year 2010 only, could be absorbed into the agency's current budget.
Source Agencies: | 455 Railroad Commission
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LBB Staff: | JOB, WK, ZS, TL, SD
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