According to the Legislative Budget Board's analysis, the bill is not expected to have a significant financial impact on the state government. Any costs related to implementing the notification requirements for LP-gas installations are assumed to be manageable within existing resources. This suggests that the Railroad Commission of Texas, which oversees LP-gas regulations, can enforce the new requirements without additional funding or staff increases.

Similarly, local governments are not expected to experience a significant financial impact. The bill does not mandate additional oversight or enforcement at the local level, nor does it require funding from municipal or county governments. The financial responsibility for compliance falls on private applicants seeking to install or modify LP-gas facilities, who will bear the cost of mailing notifications and record-keeping.

Overall, SB 290 presents a fiscally neutral policy change that improves transparency for property owners without introducing new financial burdens on the state or local governments.

SB 290 is a well-balanced measure that enhances transparency and protects property owners' rights without imposing significant financial or regulatory burdens. The bill requires applicants seeking approval for LP-gas installations with an aggregate water capacity of 10,000 gallons or more to notify property owners within 500 feet of the proposed site. This notification must be sent via certified mail with proof of delivery, ensuring that residents are informed about potential industrial modifications in their neighborhoods. The bill also mandates that applicants maintain a record of proof of delivery for a period determined by the Railroad Commission of Texas (RRC). By establishing clear notification procedures, SB 290 empowers property owners with the information needed to make informed decisions about their homes and communities.

From a fiscal perspective, SB 290 has minimal financial impact on both state and local governments. According to the Legislative Budget Board’s analysis, the bill does not require new funding or administrative expansion, as the costs associated with compliance will be absorbed by private applicants rather than the government. The RRC, which already oversees LP-gas installations, can implement the bill’s requirements using existing resources. This ensures that the bill achieves its goal of improving transparency without creating unnecessary financial strain on taxpayers or government agencies.

SB 290 upholds key liberty principles, particularly private property rights, personal responsibility, and limited government. By ensuring that property owners receive notice of nearby LP-gas installations, the bill strengthens their ability to advocate for their interests and make informed choices. The bill also reinforces personal responsibility by requiring businesses to take proactive steps in notifying affected residents. Additionally, it maintains a limited government approach by not imposing excessive regulatory burdens on businesses but rather refining existing procedures within the RRC’s authority.

In conclusion, SB 290 deserves strong support as it promotes transparency and respects private property rights while maintaining a minimal government footprint. It provides a reasonable and necessary safeguard for residents living near industrial LP-gas storage facilities, ensuring they have the information needed to make decisions regarding their property and safety. With no significant fiscal impact on the state or local governments, the bill effectively balances business interests with the rights of Texas property owners. Therefore, Texas Policy Research recommends lawmakers vote YES on SB 290.