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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 21, 2021
TO:
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1468 by Hinojosa (Relating to oil and gas liens.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code related to oil and gas liens and make conforming changes to the Business & Commerce Code.
Based on information provided by the Railroad Commission, the Comptroller of Public Accounts, and the General Land Office, no significant fiscal impact to the state is anticipated as a result of implementing the provisions of the bill.
Based on information provided by the Office of Court Administration, no significant fiscal impact to the state's court system is anticipated as a result of implementing the provisions of the bill.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
212 Office of Court Admin, 304 Comptroller of Public Accounts, 455 Railroad Commission