87R12471 JAM-D     By: Raymond H.B. No. 4227       A BILL TO BE ENTITLED   AN ACT   relating to an annual natural gas industry overview produced by the   Railroad Commission of Texas.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter C, Chapter 81, Natural Resources   Code, is amended by adding Section 81.0661 to read as follows:          Sec. 81.0661.  ANNUAL NATURAL GAS INDUSTRY OVERVIEW.   (a)  The oil and gas division of the commission shall produce and   submit to each standing committee of the legislature having primary   jurisdiction over oil and gas matters an annual report for each   state fiscal year that:                 (1)  provides an overview and analysis of the oil and   gas industry in this state for the fiscal year; and                 (2)  anticipates potential issues facing the industry   in the coming fiscal year.          (b)  In providing the overview under Subsection (a)(1), the   commission shall include:                (1)  an analysis of the strengths and weaknesses of the   industry; and                 (2)  a summary of any significant events or challenges   experienced or vulnerabilities in infrastructure that were   exposed.          (c)  In providing a projection for the coming fiscal year   under Subsection (a)(2) the commission shall:                (1)  provide production estimates; and                (2)  describe any major maintenance and operation   issues expected to affect the natural gas infrastructure in this   state.          (d)  The commission shall seek input from stakeholders when   developing each annual overview.          SECTION 2.  This Act takes effect September 1, 2021.