LEGISLATIVE SERVICES AGENCY OFFICE OF FISCAL AND MANAGEMENT ANALYSIS 200 W. Washington St., Suite 301 Indianapolis, IN 46204 (317) 233-0696 iga.in.gov FISCAL IMPACT STATEMENT LS 6251 NOTE PREPARED: Feb 26, 2024 BILL NUMBER: SB 48 BILL AMENDED: Feb 1, 2024 SUBJECT: State Educational Institutions. FIRST AUTHOR: Sen. Doriot BILL STATUS: 2 nd Reading - 2 nd House FIRST SPONSOR: Rep. Teshka FUNDS AFFECTED:XGENERAL IMPACT: State DEDICATED FEDERAL Summary of Legislation: This bill requires a state educational institution (SEI) to prominently display hyperlinks to certain college scorecard information on the SEI’s website and degree web pages. Effective Date: July 1, 2024. Explanation of State Expenditures: This bill creates a minor workload increase for all SEIs. The bill’s requirements should be met within the existing resources of each SEI. [SEIs receive General Fund appropriations.] Explanation of State Revenues: Explanation of Local Expenditures: Explanation of Local Revenues: State Agencies Affected: State educational institutions. Local Agencies Affected: Information Sources: United States Department of Education College Scorecard Data, https://collegescorecard.ed.gov/data/. Fiscal Analyst: Alexander Raggio, 317-234-9485. SB 48 1