LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced No significant fiscal implication to the State is anticipated. The bill would prohibits drilling oil or gas wells in the unincorporated area of a county within 500 feet from an established residence. Based on current Railroad Commission rules which prohibit wells from being located less than 467 feet from a property line, no significant fiscal impact is expected as a result of the bill's passage. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 455 Railroad Commission LBB Staff: JOB, WK, TL LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced Honorable Jim Keffer, Chair, House Committee on Energy Resources Honorable Jim Keffer, Chair, House Committee on Energy Resources John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced HB3402 by King, Phil (Relating to a restriction on the location of a well drilled for oil or gas.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would prohibits drilling oil or gas wells in the unincorporated area of a county within 500 feet from an established residence. Based on current Railroad Commission rules which prohibit wells from being located less than 467 feet from a property line, no significant fiscal impact is expected as a result of the bill's passage. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 304 Comptroller of Public Accounts, 455 Railroad Commission 304 Comptroller of Public Accounts, 455 Railroad Commission LBB Staff: JOB, WK, TL JOB, WK, TL