LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 5, 2011 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Introduced No fiscal implication to the State is anticipated. The bill would amend various sections of the Education Code and Government Code relating to guaranteed student loans and alternative education loans. Local Government Impact No fiscal implication to units of local government is anticipated. Because of the fact that the Authorities would be local governmental entities, it is assumed that the fiscal impact to the state would be insignificant and that an authority would obligate its finances only within the limits of the bonds issued. Source Agencies:781 Higher Education Coordinating Board LBB Staff: JOB, GO, KK, RT LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 5, 2011 TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Introduced TO: Honorable Dan Branch, Chair, House Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Introduced 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 HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Introduced HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend various sections of the Education Code and Government Code relating to guaranteed student loans and alternative education loans. Local Government Impact No fiscal implication to units of local government is anticipated. Because of the fact that the Authorities would be local governmental entities, it is assumed that the fiscal impact to the state would be insignificant and that an authority would obligate its finances only within the limits of the bonds issued. No fiscal implication to units of local government is anticipated. Because of the fact that the Authorities would be local governmental entities, it is assumed that the fiscal impact to the state would be insignificant and that an authority would obligate its finances only within the limits of the bonds issued. Source Agencies: 781 Higher Education Coordinating Board 781 Higher Education Coordinating Board LBB Staff: JOB, GO, KK, RT JOB, GO, KK, RT