87R12471 JAM-D
By: Raymond H.B. No. 4227
A BILL TO BE ENTITLED
AN ACT
relating to an annual natural gas industry overview produced by the
Railroad Commission of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter C, Chapter 81, Natural Resources
Code, is amended by adding Section 81.0661 to read as follows:
Sec. 81.0661. ANNUAL NATURAL GAS INDUSTRY OVERVIEW.
(a) The oil and gas division of the commission shall produce and
submit to each standing committee of the legislature having primary
jurisdiction over oil and gas matters an annual report for each
state fiscal year that:
(1) provides an overview and analysis of the oil and
gas industry in this state for the fiscal year; and
(2) anticipates potential issues facing the industry
in the coming fiscal year.
(b) In providing the overview under Subsection (a)(1), the
commission shall include:
(1) an analysis of the strengths and weaknesses of the
industry; and
(2) a summary of any significant events or challenges
experienced or vulnerabilities in infrastructure that were
exposed.
(c) In providing a projection for the coming fiscal year
under Subsection (a)(2) the commission shall:
(1) provide production estimates; and
(2) describe any major maintenance and operation
issues expected to affect the natural gas infrastructure in this
state.
(d) The commission shall seek input from stakeholders when
developing each annual overview.
SECTION 2. This Act takes effect September 1, 2021.