LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 11, 2009 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced No significant fiscal implication to the State is anticipated. The bill would require each general academic teaching institution to conduct a study relating to faculty member retirements that may occur through the end of 2025 academic year and submit the study to the Higher Education Coordinating Board by August 1, 2010. The Higher Education Coordinating Board will compile the reports and submit the compilation to the Governor, Lieutenant Governor, the Speaker of the House, and the presiding officer of each legislative standing committee or subcommittee with primary jurisdiction over higher education. Any costs associated with this bill will be absorbed within current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 781 Higher Education Coordinating Board LBB Staff: JOB, KK, RT, GO LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 11, 2009 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced Honorable Dan Branch, Chair, House Committee on Higher Education Honorable Dan Branch, Chair, House Committee on Higher Education John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would require each general academic teaching institution to conduct a study relating to faculty member retirements that may occur through the end of 2025 academic year and submit the study to the Higher Education Coordinating Board by August 1, 2010. The Higher Education Coordinating Board will compile the reports and submit the compilation to the Governor, Lieutenant Governor, the Speaker of the House, and the presiding officer of each legislative standing committee or subcommittee with primary jurisdiction over higher education. Any costs associated with this bill will be absorbed within current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 781 Higher Education Coordinating Board 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 781 Higher Education Coordinating Board LBB Staff: JOB, KK, RT, GO JOB, KK, RT, GO