LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 16, 2011 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), As Engrossed No significant fiscal implication to the State is anticipated. The bill relates to clarification of the authorized uses for loans under public institution of higher education emergency loan programs. The bill amends Section 56.053(a) of the Education Code to adjust the maximum emergency loan amount allowable calculation to also include the cost of textbooks for the courses in which the student is actually enrolling. Some institutions have reported that they either have a book loan program that is already in compliance with the proposed changes or do not expect that significant additional resources would be needed to meet the requirements of this Act. Provisions of the bill would be implemented within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board, 783 University of Houston System Administration LBB Staff: JOB, KK, RT, GO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 16, 2011
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), As Engrossed
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), 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
HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), As Engrossed
HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill relates to clarification of the authorized uses for loans under public institution of higher education emergency loan programs. The bill amends Section 56.053(a) of the Education Code to adjust the maximum emergency loan amount allowable calculation to also include the cost of textbooks for the courses in which the student is actually enrolling. Some institutions have reported that they either have a book loan program that is already in compliance with the proposed changes or do not expect that significant additional resources would be needed to meet the requirements of this Act. Provisions of the bill would be implemented within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board, 783 University of Houston System Administration
710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board, 783 University of Houston System Administration
LBB Staff: JOB, KK, RT, GO
JOB, KK, RT, GO