LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 30, 2009 TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB341 by Wentworth (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced No significant fiscal implication to the State is anticipated. The bill would change the name of the Railroad Commission of Texas to the Texas Energy Commission. The bill would provide for a transition period from the effective date of the act, September 1, 2009, to January 1, 2010, and it would requires the Railroad Commission to adopt a timetable for phasing in the change of the agencys name so as to minimize the fiscal impact of the name change. Although the agency would incur costs in updating its website, reprinting forms and publications, changing signage, etc., this estimate assumes that such costs, estimated at approximately $100,000 in fiscal year 2010 only, could be absorbed into the agency's current budget. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:455 Railroad Commission LBB Staff: JOB, WK, ZS, TL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 30, 2009
TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB341 by Wentworth (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced
TO: Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB341 by Wentworth (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced
Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
Honorable Kip Averitt, Chair, Senate Committee on Natural Resources
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB341 by Wentworth (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced
SB341 by Wentworth (Relating to changing the name of the Railroad Commission of Texas to the Texas Energy Commission.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would change the name of the Railroad Commission of Texas to the Texas Energy Commission. The bill would provide for a transition period from the effective date of the act, September 1, 2009, to January 1, 2010, and it would requires the Railroad Commission to adopt a timetable for phasing in the change of the agencys name so as to minimize the fiscal impact of the name change. Although the agency would incur costs in updating its website, reprinting forms and publications, changing signage, etc., this estimate assumes that such costs, estimated at approximately $100,000 in fiscal year 2010 only, could be absorbed into the agency's current budget.
The bill would change the name of the Railroad Commission of Texas to the Texas Energy Commission. The bill would provide for a transition period from the effective date of the act, September 1, 2009, to January 1, 2010, and it would requires the Railroad Commission to adopt a timetable for phasing in the change of the agencys name so as to minimize the fiscal impact of the name change.
Although the agency would incur costs in updating its website, reprinting forms and publications, changing signage, etc., this estimate assumes that such costs, estimated at approximately $100,000 in fiscal year 2010 only, could be absorbed into the agency's current budget.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 455 Railroad Commission
455 Railroad Commission
LBB Staff: JOB, WK, ZS, TL
JOB, WK, ZS, TL