LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 8, 2015 TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1589 by Zaffirini (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. The Railroad Commission indicates 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:455 Railroad Commission, 305 General Land Office and Veterans' Land Board LBB Staff: UP, SZ, TB, TL
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 8, 2015
TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1589 by Zaffirini (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
TO: Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB1589 by Zaffirini (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
Honorable Troy Fraser, Chair, Senate Committee on Natural Resources & Economic Development
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB1589 by Zaffirini (relating to requirements for reporting unclaimed mineral proceeds to the comptroller of public accounts.), Committee Report 1st House, Substituted
SB1589 by Zaffirini (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. The Railroad Commission indicates 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: 455 Railroad Commission, 305 General Land Office and Veterans' Land Board
455 Railroad Commission, 305 General Land Office and Veterans' Land Board
LBB Staff: UP, SZ, TB, TL
UP, SZ, TB, TL