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