LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 28, 2021 TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3416 by Darby (Relating to indemnity agreements between contractors and subcontractors for services pertaining to certain wells or mines.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Civil Practice and Remedies Code to make certain indemnity agreements between contractors and subcontractors subject to the requirements of Chapter 127 of the Civil Practice and Remedies Code that concerns indemnity provisions in certain mineral agreements. Based on the analysis of the Texas Commission on Environmental Quality, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be absorbed with existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 582 Commission on Environmental Quality LBB Staff: b > td > JMc, AJL, MW, GDZ
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 28, 2021
TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3416 by Darby (Relating to indemnity agreements between contractors and subcontractors for services pertaining to certain wells or mines.), As Introduced
TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3416 by Darby (Relating to indemnity agreements between contractors and subcontractors for services pertaining to certain wells or mines.), As Introduced
Honorable Craig Goldman, Chair, House Committee on Energy Resources
Honorable Craig Goldman, Chair, House Committee on Energy Resources
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3416 by Darby (Relating to indemnity agreements between contractors and subcontractors for services pertaining to certain wells or mines.), As Introduced
HB3416 by Darby (Relating to indemnity agreements between contractors and subcontractors for services pertaining to certain wells or mines.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Civil Practice and Remedies Code to make certain indemnity agreements between contractors and subcontractors subject to the requirements of Chapter 127 of the Civil Practice and Remedies Code that concerns indemnity provisions in certain mineral agreements. Based on the analysis of the Texas Commission on Environmental Quality, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be absorbed with existing resources.
Based on the analysis of the Texas Commission on Environmental Quality, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be absorbed with existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 582 Commission on Environmental Quality
582 Commission on Environmental Quality
LBB Staff: b > td > JMc, AJL, MW, GDZ
JMc, AJL, MW, GDZ