Honorable Chris Paddie, Chair, House Committee on Energy Resources
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB3226 by Geren (Relating to the terms of dissolution of an oil or gas pooled unit.), As Introduced
No significant fiscal implication to the State is anticipated.
The would amend the Natural Resources Code related to the terms for dissolution of an oil and gas pooled unit. Based on analysis of the Railroad Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.