LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 10, 2011 TO: Honorable Judith Zaffirini, Chair, Senate 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 Engrossed 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:304 Comptroller of Public Accounts, 781 Higher Education Coordinating Board LBB Staff: JOB, GO, KK, RT
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 10, 2011
TO: Honorable Judith Zaffirini, Chair, Senate 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 Engrossed
TO: Honorable Judith Zaffirini, Chair, Senate 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 Engrossed
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
HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Engrossed
HB2911 by Branch (Relating to guaranteed student loans and alternative education loans.), As Engrossed
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: 304 Comptroller of Public Accounts, 781 Higher Education Coordinating Board
304 Comptroller of Public Accounts, 781 Higher Education Coordinating Board
LBB Staff: JOB, GO, KK, RT
JOB, GO, KK, RT