Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance committees of the Legislature. LFC does not assume responsibility for the accuracy of these reports if they are used for other purposes. F I S C A L I M P A C T R E P O R T SPONSOR Campos LAST UPDATED ORIGINAL DATE 2/24/2025 SHORT TITLE Higher Education Radio BILL NUMBER Senate Bill 495 ANALYST Jorgensen ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT* (dollars in thousands) Agency/Program FY25 FY26 FY27 3 Year Total Cost Recurring or Nonrecurring Fund Affected HED No fiscal impact No fiscal impact No fiscal impact No fiscal impact Recurring Other state funds Total No fiscal impact No fiscal impact No fiscal impact No fiscal impact Recurring Other state funds Parentheses ( ) indicate expenditure decreases. *Amounts reflect most recent analysis of this legislation. Sources of Information LFC Files Agency Analysis Received From Higher Education Department (HED) SUMMARY Synopsis of Senate Bill 495 Senate Bill 495 (SB495) amends the educational television equipment replacement fund to include expenditure at public schools, adds radio equipment as an eligible use, and makes a technical change to clarify the fund is nonreverting. This bill does not contain an effective date and, as a result, would go into effect 90 days after the Legislature adjourns if enacted, or June 20, 2025. FISCAL IMPLICATIONS SB495 does not include an appropriation nor does it add additional duties to the Higher Education Department. Therefore, the bill has no fiscal impact. SIGNIFICANT ISSUES The current statute excludes radio stations at all institutions and does not include radio stations housed at public schools. These entities would be eligible to receive funding from this source should SB495 be enacted. CJ/hj/hg/sgs