LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 20, 2009 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1562 by Shapleigh (Relating to contracts entered into for the employment of the chief executive officer of a public institution of higher education.), As Introduced No significant fiscal implication to the State is anticipated. Under the provisions of the bill, institutions of higher education would be required to include annual evaluations with specific performance measures in employment contracts of presidents or other chief executive officers. It is assumed institutions of higher education would be able to absorb any costs associated with implementing the provisions of the bill within existing 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, 783 University of Houston System Administration LBB Staff: JOB, KK, RT, GO, SK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 20, 2009 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1562 by Shapleigh (Relating to contracts entered into for the employment of the chief executive officer of a public institution of higher education.), As Introduced TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB1562 by Shapleigh (Relating to contracts entered into for the employment of the chief executive officer of a public institution of higher education.), As Introduced Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB1562 by Shapleigh (Relating to contracts entered into for the employment of the chief executive officer of a public institution of higher education.), As Introduced SB1562 by Shapleigh (Relating to contracts entered into for the employment of the chief executive officer of a public institution of higher education.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. Under the provisions of the bill, institutions of higher education would be required to include annual evaluations with specific performance measures in employment contracts of presidents or other chief executive officers. It is assumed institutions of higher education would be able to absorb any costs associated with implementing the provisions of the bill within existing resources. Under the provisions of the bill, institutions of higher education would be required to include annual evaluations with specific performance measures in employment contracts of presidents or other chief executive officers. It is assumed institutions of higher education would be able to absorb any costs associated with implementing the provisions of the bill within existing 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, 783 University of Houston System Administration 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, 783 University of Houston System Administration LBB Staff: JOB, KK, RT, GO, SK JOB, KK, RT, GO, SK