LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 24, 2021 TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1046 by Birdwell (Relating to the regulation of radioactive waste; reducing a surcharge; reducing a fee.), As Introduced Estimated Two-year Net Impact to General Revenue Related Funds for SB1046, As Introduced : a negative impact of ($798,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. General Revenue-Related Funds, Five- Year Impact: Fiscal Year Probable Net Positive/(Negative) Impact toGeneral Revenue Related Funds2022($399,000)2023($399,000)2024($399,000)2025($399,000)2026($399,000)All Funds, Five-Year Impact: Fiscal Year Probable Revenue Gain/(Loss) fromGeneral Revenue Fund1 Probable Revenue Gain/(Loss) fromEnvironmental Rad & Perpetual Care51582022($399,000)($1,125,000)2023($399,000)($1,125,000)2024($399,000)($1,125,000)2025($399,000)($1,125,000)2026($399,000)($1,125,000) Fiscal AnalysisThis bill would amend the Health and Safety Code regarding the regulation of low-level radioactive waste disposal. The bill would create a reserved capacity for party state waste and specify a correction for determining capacity based on radioactive decay. A limitation of nonparty compact waste would be created based on the amount of party state waste currently stored in the facility.The bill would eliminate the five percent state fee on non-federal compact waste and would reduce the twenty percent surcharge on nonparty compact waste to five percent. A compact waste disposal facility would be required to conduct an annual comparison of party state and non-party state compact waste disposal fees and issue a rebate for any party state fees that were assessed above the average fee of non-party state fees.This bill would take effect September 1, 2021.
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 24, 2021
TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1046 by Birdwell (Relating to the regulation of radioactive waste; reducing a surcharge; reducing a fee.), As Introduced
TO: Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1046 by Birdwell (Relating to the regulation of radioactive waste; reducing a surcharge; reducing a fee.), As Introduced
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1046 by Birdwell (Relating to the regulation of radioactive waste; reducing a surcharge; reducing a fee.), As Introduced
SB1046 by Birdwell (Relating to the regulation of radioactive waste; reducing a surcharge; reducing a fee.), As Introduced
Estimated Two-year Net Impact to General Revenue Related Funds for SB1046, As Introduced : a negative impact of ($798,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
Estimated Two-year Net Impact to General Revenue Related Funds for SB1046, As Introduced : a negative impact of ($798,000) through the biennium ending August 31, 2023. The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five- Year Impact:
2022 ($399,000)
2023 ($399,000)
2024 ($399,000)
2025 ($399,000)
2026 ($399,000)
All Funds, Five-Year Impact:
2022 ($399,000) ($1,125,000)
2023 ($399,000) ($1,125,000)
2024 ($399,000) ($1,125,000)
2025 ($399,000) ($1,125,000)
2026 ($399,000) ($1,125,000)
Fiscal Analysis
This bill would amend the Health and Safety Code regarding the regulation of low-level radioactive waste disposal. The bill would create a reserved capacity for party state waste and specify a correction for determining capacity based on radioactive decay. A limitation of nonparty compact waste would be created based on the amount of party state waste currently stored in the facility.The bill would eliminate the five percent state fee on non-federal compact waste and would reduce the twenty percent surcharge on nonparty compact waste to five percent. A compact waste disposal facility would be required to conduct an annual comparison of party state and non-party state compact waste disposal fees and issue a rebate for any party state fees that were assessed above the average fee of non-party state fees.This bill would take effect September 1, 2021.
Methodology
According to the Comptroller of Public Accounts, elimination of the five percent state fee on non-federal compact waste and reducing the twenty percent surcharge on nonparty compact waste to five percent would have a negative fiscal impact to the state through reducing annual revenues to the General Revenue Fund by $399,000 and to the General RevenueDedicated Environmental Radiation and Perpetual Care Account No. 5158 by $1,125,000. For the purposes of this analysis, it is assumed that levels of waste that would be deposited at the Texas Compact Waste Disposal Facility would not increase through 2026.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 304 Comptroller of Public Accounts, 535 Ll Radioactive Waste Disp. Compact, 582 Commission on Environmental Quality
304 Comptroller of Public Accounts, 535 Ll Radioactive Waste Disp. Compact, 582 Commission on Environmental Quality
LBB Staff: b > td > JMc, AJL, MW, GDZ
JMc, AJL, MW, GDZ