Supplement: TX SB785 | 2023-2024 | 88th Legislature | Fiscal Note (Senate Committee Report)
For additional supplements on Texas SB785 please see the Bill Drafting List
Bill Title: Relating to the ownership of and certain insurance policy provisions regarding the geothermal energy and associated resources below the surface of land.
Status: 2023-06-18 - Effective immediately [SB785 Detail]
Download: Texas-2023-SB785-Fiscal_Note_Senate_Committee_Report_.html
Bill Title: Relating to the ownership of and certain insurance policy provisions regarding the geothermal energy and associated resources below the surface of land.
Status: 2023-06-18 - Effective immediately [SB785 Detail]
Download: Texas-2023-SB785-Fiscal_Note_Senate_Committee_Report_.html
| TO: |
Honorable Brian Birdwell, Chair, Senate Committee on Natural Resources & Economic Development |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
SB785 by Birdwell (relating to the ownership of the geothermal energy and associated resources below the surface of land.), Committee Report 1st House, Substituted |
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources and that any changes to revenues generated as result of provisions of the bill would not be signficant.
Local Government Impact
No fiscal implication to units of local government is anticipated.
| Source Agencies: | 305 General Land Office and Veterans' Land Board, 455 Railroad Commission, 582 Commission on Environmental Quality |
| LBB Staff: | JMc, MOc, MW, EJ, CMA, DKN |
