LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 30, 2015 TO: Honorable Drew Darby, Chair, House Committee on Energy Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1575 by Guillen (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Property Code to expand the requirements of what must be included in certain reports related to unclaimed mineral proceeds. Both the Railroad Commission and the General Land Office indicate bill provisions are not anticipated to have a significant fiscal implication to the state. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:305 General Land Office and Veterans' Land Board, 455 Railroad Commission LBB Staff: UP, TB, SZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 30, 2015
TO: Honorable Drew Darby, Chair, House Committee on Energy Resources FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1575 by Guillen (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
TO: Honorable Drew Darby, Chair, House Committee on Energy Resources
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1575 by Guillen (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
Honorable Drew Darby, Chair, House Committee on Energy Resources
Honorable Drew Darby, Chair, House Committee on Energy Resources
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1575 by Guillen (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
HB1575 by Guillen (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Property Code to expand the requirements of what must be included in certain reports related to unclaimed mineral proceeds. Both the Railroad Commission and the General Land Office indicate bill provisions are not anticipated to have a significant fiscal implication to the state.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 305 General Land Office and Veterans' Land Board, 455 Railroad Commission
305 General Land Office and Veterans' Land Board, 455 Railroad Commission
LBB Staff: UP, TB, SZ
UP, TB, SZ