LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 5, 2009 TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2045 by Williams (Relating to the allocation of certain constitutionally dedicated funds to the Lamar Institute of Technology.), As Introduced No fiscal implication to the State is anticipated. Contingent upon voter approval of an amendment to the Texas Constitution allowing the Lamar Institute of Technology to receive direct annual Higher Education Fund (HEF) appropriations, this bill would direct the Comptroller to adjust the HEF allocations of other HEF eligible institutions as necessary to include the Lamar Institute of Technology in the annual HEF allocations. Both Senate Bill 2146 and House Bill 4535, companion bills relating to the reallocation of the HEF, would provide a separate allocation to the Lamar Institute of Technology ($1,825,332 in fiscal years 2009 and 2010 and $2,332,463 in fiscal years 2011 through 2014). Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 758 Texas State University System, 781 Higher Education Coordinating Board LBB Staff: JOB, MN, RT, JAW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 5, 2009
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB2045 by Williams (Relating to the allocation of certain constitutionally dedicated funds to the Lamar Institute of Technology.), As Introduced
TO: Honorable Steve Ogden, Chair, Senate Committee on Finance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB2045 by Williams (Relating to the allocation of certain constitutionally dedicated funds to the Lamar Institute of Technology.), As Introduced
Honorable Steve Ogden, Chair, Senate Committee on Finance
Honorable Steve Ogden, Chair, Senate Committee on Finance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB2045 by Williams (Relating to the allocation of certain constitutionally dedicated funds to the Lamar Institute of Technology.), As Introduced
SB2045 by Williams (Relating to the allocation of certain constitutionally dedicated funds to the Lamar Institute of Technology.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
Contingent upon voter approval of an amendment to the Texas Constitution allowing the Lamar Institute of Technology to receive direct annual Higher Education Fund (HEF) appropriations, this bill would direct the Comptroller to adjust the HEF allocations of other HEF eligible institutions as necessary to include the Lamar Institute of Technology in the annual HEF allocations. Both Senate Bill 2146 and House Bill 4535, companion bills relating to the reallocation of the HEF, would provide a separate allocation to the Lamar Institute of Technology ($1,825,332 in fiscal years 2009 and 2010 and $2,332,463 in fiscal years 2011 through 2014).
Contingent upon voter approval of an amendment to the Texas Constitution allowing the Lamar Institute of Technology to receive direct annual Higher Education Fund (HEF) appropriations, this bill would direct the Comptroller to adjust the HEF allocations of other HEF eligible institutions as necessary to include the Lamar Institute of Technology in the annual HEF allocations.
Both Senate Bill 2146 and House Bill 4535, companion bills relating to the reallocation of the HEF, would provide a separate allocation to the Lamar Institute of Technology ($1,825,332 in fiscal years 2009 and 2010 and $2,332,463 in fiscal years 2011 through 2014).
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 758 Texas State University System, 781 Higher Education Coordinating Board
304 Comptroller of Public Accounts, 758 Texas State University System, 781 Higher Education Coordinating Board
LBB Staff: JOB, MN, RT, JAW
JOB, MN, RT, JAW