LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 28, 2009 TO: Honorable Yvonne Davis, Chair, House Committee on Urban Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3215 by Farias (Relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Government Code relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. According to the anlaysis provided by Central Education Agency, only school districts in Bexar County would be eligible for this program. Of the 12 school districts in Bexar County, eightEdgewood, Harlandale, Somerset, Southside, South San Antonio, Southwest, East Central, and San Antoniohave less than 80 percent of the state average wealth per student in weighted average daily attendance. These districts have a total of 9,872 eligible full-time professional educators. If 5 percent of these educators were to participate in the down payment assistance program, the total cost to the school districts, at $2,000 per educator, would be $0.987 million. Based on the analysis of the Department of Housing and Community Affairs and the Central Education Agency, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact According to the Central Education Agency, qualifying low-wealth school districts in Bexar County might be required to verify whether an applicant meets the employment qualifications to be eligible to receive assistance from this program. The county would incur administrative costs and each school district would be required to provide up to $2,000 per qualifying professional educator for down payment assistance. Source Agencies:332 Department of Housing and Community Affairs, 701 Central Education Agency LBB Staff: JOB, DB, MW, NV, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 28, 2009
TO: Honorable Yvonne Davis, Chair, House Committee on Urban Affairs FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3215 by Farias (Relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. ), Committee Report 1st House, Substituted
TO: Honorable Yvonne Davis, Chair, House Committee on Urban Affairs
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3215 by Farias (Relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. ), Committee Report 1st House, Substituted
Honorable Yvonne Davis, Chair, House Committee on Urban Affairs
Honorable Yvonne Davis, Chair, House Committee on Urban Affairs
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB3215 by Farias (Relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. ), Committee Report 1st House, Substituted
HB3215 by Farias (Relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. ), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Government Code relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation. According to the anlaysis provided by Central Education Agency, only school districts in Bexar County would be eligible for this program. Of the 12 school districts in Bexar County, eightEdgewood, Harlandale, Somerset, Southside, South San Antonio, Southwest, East Central, and San Antoniohave less than 80 percent of the state average wealth per student in weighted average daily attendance. These districts have a total of 9,872 eligible full-time professional educators. If 5 percent of these educators were to participate in the down payment assistance program, the total cost to the school districts, at $2,000 per educator, would be $0.987 million. Based on the analysis of the Department of Housing and Community Affairs and the Central Education Agency, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
The bill would amend the Government Code relating to the establishment of a down payment assistance program for certain professional educators by the Texas State Affordable Housing Corporation.
According to the anlaysis provided by Central Education Agency, only school districts in Bexar County would be eligible for this program. Of the 12 school districts in Bexar County, eightEdgewood, Harlandale, Somerset, Southside, South San Antonio, Southwest, East Central, and San Antoniohave less than 80 percent of the state average wealth per student in weighted average daily attendance. These districts have a total of 9,872 eligible full-time professional educators. If 5 percent of these educators were to participate in the down payment assistance program, the total cost to the school districts, at $2,000 per educator, would be $0.987 million.
Based on the analysis of the Department of Housing and Community Affairs and the Central Education Agency, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
According to the Central Education Agency, qualifying low-wealth school districts in Bexar County might be required to verify whether an applicant meets the employment qualifications to be eligible to receive assistance from this program. The county would incur administrative costs and each school district would be required to provide up to $2,000 per qualifying professional educator for down payment assistance.
Source Agencies: 332 Department of Housing and Community Affairs, 701 Central Education Agency
332 Department of Housing and Community Affairs, 701 Central Education Agency
LBB Staff: JOB, DB, MW, NV, TP
JOB, DB, MW, NV, TP