LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

May 15, 2019

TO:	Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB3838 by Bailes (Relating to a disclosure in certain offers to purchase a mineral or royalty interest.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would amend the Property Code relating to a disclosure on certain offers to purchase or lease a mineral or royalty interest.

According to the Railroad Commission, no fiscal impact to the State is anticipated.

Local Government Impact

According to the Railroad Commission, no fiscal impact to units of local government is anticipated.

Source Agencies:

455 Railroad Commission

LBB Staff:

WP, SZ, SD, GP