LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
April 18, 2023

TO:
Honorable Bob Hall, Chair, Senate Committee on Administration
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
HB450 by Craddick (Relating to a cause of action for the bad faith washout of an overriding royalty interest in an oil and gas lease.), As Engrossed

No significant fiscal implication to the State is anticipated.

It is assumed that any costs associated with the bill could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
212 Office of Court Administration, Texas Judicial Council
LBB Staff:
JMc, KDw, MW