LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 31, 2009 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB603 by Farabee (Relating to an intercollegiate athletics fee at Midwestern State University.), As Introduced No significant fiscal implication to the State is anticipated. Under provisions of the bill, Midwestern State University may charge an intercollegiate athletics fee in an amount not to exceed the lesser of $10 per semester credit hour or $120 for each regular semester or each summer session of more than six weeks or $60 for each summer session of six weeks or less. The University estimates the maximum revenue that could be generated under the bill would be $1.2 million. The University estimates that if the fee begins in the spring of 2010 at a rate of $5 per semester credit hour and does not increase more than 10 percent annually, 2010 revenue would be approximately $694,691 and 2011 revenue would be $760,731. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:735 Midwestern State University, 781 Higher Education Coordinating Board LBB Staff: JOB, KK, RT, SSh, SK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 31, 2009
TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB603 by Farabee (Relating to an intercollegiate athletics fee at Midwestern State University.), As Introduced
TO: Honorable Dan Branch, Chair, House Committee on Higher Education
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB603 by Farabee (Relating to an intercollegiate athletics fee at Midwestern State University.), 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
HB603 by Farabee (Relating to an intercollegiate athletics fee at Midwestern State University.), As Introduced
HB603 by Farabee (Relating to an intercollegiate athletics fee at Midwestern State University.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
Under provisions of the bill, Midwestern State University may charge an intercollegiate athletics fee in an amount not to exceed the lesser of $10 per semester credit hour or $120 for each regular semester or each summer session of more than six weeks or $60 for each summer session of six weeks or less. The University estimates the maximum revenue that could be generated under the bill would be $1.2 million. The University estimates that if the fee begins in the spring of 2010 at a rate of $5 per semester credit hour and does not increase more than 10 percent annually, 2010 revenue would be approximately $694,691 and 2011 revenue would be $760,731.
Under provisions of the bill, Midwestern State University may charge an intercollegiate athletics fee in an amount not to exceed the lesser of $10 per semester credit hour or $120 for each regular semester or each summer session of more than six weeks or $60 for each summer session of six weeks or less. The University estimates the maximum revenue that could be generated under the bill would be $1.2 million. The University estimates that if the fee begins in the spring of 2010 at a rate of $5 per semester credit hour and does not increase more than 10 percent annually, 2010 revenue would be approximately $694,691 and 2011 revenue would be $760,731.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 735 Midwestern State University, 781 Higher Education Coordinating Board
735 Midwestern State University, 781 Higher Education Coordinating Board
LBB Staff: JOB, KK, RT, SSh, SK
JOB, KK, RT, SSh, SK