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Relating to a study on abandoned oil and gas wells in this state and the use of the oil and gas regulation and cleanup fund.
No significant fiscal implication to the State is anticipated.
HB 3973 would create a 10 member joint interim committee to study matters related to abandoned oil and gas wells and the use of the oil and gas regulation and cleanup fund. The bill outlines the specific areas to be studied and requires a report to the legislature be submitted by December 1, 2022.
Texas Action remains neutral on HB 3973.
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