HBA-BSM H.B. 1426 77(R)    BILL ANALYSIS


Office of House Bill AnalysisH.B. 1426
By: Shields
Energy Resources
7/26/2001
Enrolled



BACKGROUND AND PURPOSE 

Previous enacted legislation extended the producing life of certain gas
wells through a temporary reduction of gas royalty rates.  This reduction
expired September 1, 1990.  House Bill 1426 repeals this provision as it is
now obsolete. 

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

ANALYSIS

House Bill 1426 repeals law relating to the temporary reduction of gas
royalty rates for gas produced from certain areas owned by the State of
Texas and leased by the school land board. 

EFFECTIVE DATE

June 15, 2001.