LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 24, 2009

TO:	Honorable Jim Keffer, Chair, House Committee on Energy Resources
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2582 by Gonzalez Toureilles (Relating to the production of renewable diesel fuel.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Agriculture Code to include renewable diesel in the Fuel Ethanol and Biodiesel Production Incentive Program. 

The Department of Agriculture indicates that any costs associated with the bill could be absorbed within the agency's existing resources.

The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each house; otherwise it would take effect September 1, 2009. 

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

551 Department of Agriculture

LBB Staff:

JOB, WK, AH