TO: | Honorable Dennis Bonnen, Chair, House Committee on Ways & Means |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB3201 by Darby (Relating to the designation of a well as a two-year inactive well or three-year inactive well for purposes of the oil and gas severance tax exemption.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2018 | ($1,236,000) |
2019 | ($1,990,000) |
2020 | ($4,992,000) |
2021 | ($5,811,000) |
2022 | ($7,031,000) |
Fiscal Year | Probable Revenue (Loss) from General Revenue Fund 1 |
Probable Revenue (Loss) from Foundation School Fund 193 |
Probable Savings from General Revenue Fund 1 |
Probable Revenue (Loss) from State Highway Fund 6 |
---|---|---|---|---|
2018 | ($927,000) | ($309,000) | $0 | $0 |
2019 | ($2,188,000) | ($729,000) | $927,000 | ($463,000) |
2020 | ($5,385,000) | ($1,795,000) | $2,188,000 | ($1,094,000) |
2021 | ($8,397,000) | ($2,799,000) | $5,385,000 | ($2,693,000) |
2022 | ($11,571,000) | ($3,857,000) | $8,397,000 | ($4,198,000) |
Fiscal Year | Probable Revenue (Loss) from Economic Stabilization Fund 599 |
---|---|
2018 | $0 |
2019 | ($463,000) |
2020 | ($1,094,000) |
2021 | ($2,693,000) |
2022 | ($4,198,000) |
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | UP, KK
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