LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 4, 2009 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Engrossed No significant fiscal implication to the State is anticipated. The bill authorizes a student endowment fund fee, not to exceed $1.00 per term, at The University of Texas at El Paso. The fee must be used to establish a student endowment fund. The fee is in addition to any other fee authorized by law and may not be considered in determining the maximum amount of student services fess that may be imposed. The University of Texas System has indicated that if the fee is imposed it would begin with the 2010 fall semester and generate approximately $47,500 in fiscal year 2011 with slight increases in the subsquent years. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:720 The University of Texas System Administration LBB Staff: JOB, KK, RT, GO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 4, 2009
TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Engrossed
TO: Honorable Dan Branch, Chair, House Committee on Higher Education
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Engrossed
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
SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Engrossed
SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill authorizes a student endowment fund fee, not to exceed $1.00 per term, at The University of Texas at El Paso. The fee must be used to establish a student endowment fund. The fee is in addition to any other fee authorized by law and may not be considered in determining the maximum amount of student services fess that may be imposed. The University of Texas System has indicated that if the fee is imposed it would begin with the 2010 fall semester and generate approximately $47,500 in fiscal year 2011 with slight increases in the subsquent years.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 720 The University of Texas System Administration
720 The University of Texas System Administration
LBB Staff: JOB, KK, RT, GO
JOB, KK, RT, GO