LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 7, 2009 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1941 by Shapiro (Relating to the administration and operation of, and the participation of state employees in, the state's programs for prepaying or saving toward the costs of attending an institution of higher education.), As Introduced No significant fiscal implication to the State is anticipated. The bill amend statute and allow the Prepaid Higher Education Tuition Board to enter into an interagency contract with the Employees Retirement System of Texas to allow a state employee to enroll in the prepaid tuition unit undergraduate education program. It is assumed that any additional costs associated with implementation of the bill would not be significant. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:116 Sunset Advisory Commission, 304 Comptroller of Public Accounts LBB Staff: JOB, KK, JM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 7, 2009
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1941 by Shapiro (Relating to the administration and operation of, and the participation of state employees in, the state's programs for prepaying or saving toward the costs of attending an 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: SB1941 by Shapiro (Relating to the administration and operation of, and the participation of state employees in, the state's programs for prepaying or saving toward the costs of attending an 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
SB1941 by Shapiro (Relating to the administration and operation of, and the participation of state employees in, the state's programs for prepaying or saving toward the costs of attending an institution of higher education.), As Introduced
SB1941 by Shapiro (Relating to the administration and operation of, and the participation of state employees in, the state's programs for prepaying or saving toward the costs of attending an institution of higher education.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill amend statute and allow the Prepaid Higher Education Tuition Board to enter into an interagency contract with the Employees Retirement System of Texas to allow a state employee to enroll in the prepaid tuition unit undergraduate education program. It is assumed that any additional costs associated with implementation of the bill would not be significant.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 116 Sunset Advisory Commission, 304 Comptroller of Public Accounts
116 Sunset Advisory Commission, 304 Comptroller of Public Accounts
LBB Staff: JOB, KK, JM
JOB, KK, JM