LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 30, 2011 TO: Honorable Jim Pitts, Chair, House Committee on Appropriations FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HJR109 by Orr (proposing a constitutional amendment to clarify references to the permanent school fund and to allow the legislature by general law to direct the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund. ), Committee Report 1st House, Substituted No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495. The resolution would propose a constitutional amendment to clarify references to the Permanent School Fund (PSF) and to allow the Legislature to direct the General Land Office (GLO) to distribute revenue derived from PSF land or properties to the Available School Fund (ASF). The resolution would require that the amendment to the Texas Constitution be submitted to voters at an election on November 8, 2011. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:701 Central Education Agency LBB Staff: JOB, KK, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 30, 2011
TO: Honorable Jim Pitts, Chair, House Committee on Appropriations FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HJR109 by Orr (proposing a constitutional amendment to clarify references to the permanent school fund and to allow the legislature by general law to direct the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund. ), Committee Report 1st House, Substituted
TO: Honorable Jim Pitts, Chair, House Committee on Appropriations
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HJR109 by Orr (proposing a constitutional amendment to clarify references to the permanent school fund and to allow the legislature by general law to direct the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund. ), Committee Report 1st House, Substituted
Honorable Jim Pitts, Chair, House Committee on Appropriations
Honorable Jim Pitts, Chair, House Committee on Appropriations
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HJR109 by Orr (proposing a constitutional amendment to clarify references to the permanent school fund and to allow the legislature by general law to direct the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund. ), Committee Report 1st House, Substituted
HJR109 by Orr (proposing a constitutional amendment to clarify references to the permanent school fund and to allow the legislature by general law to direct the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495.
No fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $105,495.
The cost to the state for publication of the resolution is $105,495.
The resolution would propose a constitutional amendment to clarify references to the Permanent School Fund (PSF) and to allow the Legislature to direct the General Land Office (GLO) to distribute revenue derived from PSF land or properties to the Available School Fund (ASF). The resolution would require that the amendment to the Texas Constitution be submitted to voters at an election on November 8, 2011.
The resolution would propose a constitutional amendment to clarify references to the Permanent School Fund (PSF) and to allow the Legislature to direct the General Land Office (GLO) to distribute revenue derived from PSF land or properties to the Available School Fund (ASF).
The resolution would require that the amendment to the Texas Constitution be submitted to voters at an election on November 8, 2011.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 701 Central Education Agency
701 Central Education Agency
LBB Staff: JOB, KK, SD
JOB, KK, SD