LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 12, 2009 TO: Honorable Florence Shapiro, Chair, Senate Committee on Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB199 by Shapleigh (Relating to providing training in personal financial literacy instruction for public school teachers.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact The bill would require regional education service centers to provide training and assistance pertaining to instruction in personal financial literacy as a core service available to school districts and campuses for purchase. The Texas Education Agency indicates that costs to develop and provide the required training and assistance would be expected to vary among service centers and that costs would be offset by charges passed on to participating school districts. Source Agencies:701 Central Education Agency LBB Staff: JOB, JSp, JGM LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 12, 2009 TO: Honorable Florence Shapiro, Chair, Senate Committee on Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB199 by Shapleigh (Relating to providing training in personal financial literacy instruction for public school teachers.), As Introduced TO: Honorable Florence Shapiro, Chair, Senate Committee on Education FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: SB199 by Shapleigh (Relating to providing training in personal financial literacy instruction for public school teachers.), As Introduced Honorable Florence Shapiro, Chair, Senate Committee on Education Honorable Florence Shapiro, Chair, Senate Committee on Education John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board SB199 by Shapleigh (Relating to providing training in personal financial literacy instruction for public school teachers.), As Introduced SB199 by Shapleigh (Relating to providing training in personal financial literacy instruction for public school teachers.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact The bill would require regional education service centers to provide training and assistance pertaining to instruction in personal financial literacy as a core service available to school districts and campuses for purchase. The Texas Education Agency indicates that costs to develop and provide the required training and assistance would be expected to vary among service centers and that costs would be offset by charges passed on to participating school districts. Source Agencies: 701 Central Education Agency 701 Central Education Agency LBB Staff: JOB, JSp, JGM JOB, JSp, JGM