LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION
 
April 28, 2019

TO:
Honorable John Zerwas, Chair, House Committee on Appropriations
 
FROM:
John McGeady, Assistant Director     Sarah Keyton, Assistant Director
Legislative Budget Board
 
IN RE:
HB2154 by Landgraf (relating to a commission to study the needs of areas of the state significantly affected by oil and gas production.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would create a temporary Generate Recurring Oil Wealth for Texas (Grow Texas) study Commission (commission).
 
The commission would consist of 7 members appointed by the Governor (3), Lieutenant Governor (2) and the Speaker of the House (2). The commission would be charged with developing recommendations relating to specific needs of areas of the state where oil and gas is produced, and with preparing not later than December 31, 2020 a report based on its findings and research. The commission would be subject to Chapters 551 (open meetings) and 552 (public information) of the Government Code.
 
This bill would take effect January 1, 2020 but only if the constitutional amendment proposed by the 86th Legislature, Regular Session, 2019, is approved by the voters. If that amendment is not approved by the voters, this bill would have no effect .

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
304 Comptroller of Public Accounts
LBB Staff:
WP, KK, SD