Texas 2023 88th Regular

Texas House Bill HB4225 Fiscal Note / Fiscal Note

Filed 04/02/2023

                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION             April 2, 2023       TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB4225 by Zwiener (Relating to a study conducted by the Railroad Commission of Texas to determine the net reduction in the amount of carbon dioxide in the atmosphere resulting from the use of carbon capture, utilization, and storage technology.), As Introduced     No significant fiscal implication to the State is anticipated. Based upon information provided by the Railroad Commission, it is assumed that any costs associated with the bill could be absorbed using existing resources.  Local Government ImpactNo fiscal implication to units of local government is anticipated.  Source Agencies: b > td > 455 Railroad Commission, 582 Commission on Environmental Quality, 720 The University of Texas System Administration  LBB Staff: b > td > JMc, AF, MW, EJ

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 2, 2023

 

 

  TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: HB4225 by Zwiener (Relating to a study conducted by the Railroad Commission of Texas to determine the net reduction in the amount of carbon dioxide in the atmosphere resulting from the use of carbon capture, utilization, and storage technology.), As Introduced   

TO: Honorable Craig Goldman, Chair, House Committee on Energy Resources
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4225 by Zwiener (Relating to a study conducted by the Railroad Commission of Texas to determine the net reduction in the amount of carbon dioxide in the atmosphere resulting from the use of carbon capture, utilization, and storage technology.), 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 

 HB4225 by Zwiener (Relating to a study conducted by the Railroad Commission of Texas to determine the net reduction in the amount of carbon dioxide in the atmosphere resulting from the use of carbon capture, utilization, and storage technology.), As Introduced 

 HB4225 by Zwiener (Relating to a study conducted by the Railroad Commission of Texas to determine the net reduction in the amount of carbon dioxide in the atmosphere resulting from the use of carbon capture, utilization, and storage technology.), As Introduced 



No significant fiscal implication to the State is anticipated.

No significant fiscal implication to the State is anticipated.

Based upon information provided by the Railroad Commission, it is assumed that any costs associated with the bill could be absorbed using existing resources.

 Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies: b > td > 455 Railroad Commission, 582 Commission on Environmental Quality, 720 The University of Texas System Administration

455 Railroad Commission, 582 Commission on Environmental Quality, 720 The University of Texas System Administration

LBB Staff: b > td > JMc, AF, MW, EJ

JMc, AF, MW, EJ