Bill
HB 2675
86(R) - 2019
House Energy Resources
House Energy Resources
Oil & Gas
Vote Recommendation
No
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Neutral
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Neutral
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Neutral
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Negative
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Neutral
Author(s)
Charlie Geren
Bill Caption
Relating to the repeal of the provisions providing for the suspension of the collection of certain fees when the balance in the oil and gas regulation and cleanup fund exceeds a specified amount.
Fiscal Notes
No significant fiscal implication to the State is anticipated.
Bill Analysis
HB 2675 would repeal a requirement to suspend the collection of certain fees when the balance in the oil and gas regulation and cleanup fund exceeds $30 million. This would allow the fund to accrue an uncapped amount of money.
Vote Recommendation Notes
We oppose HB 2675 because it offends the principle of limited government by removing the cap on this fund and allowing fees to continue being collected regardless of how large the fund may swell.