LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 28, 2011 TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1365 by Ellis (Relating to the distribution of money appropriated from the national research university fund.), As Introduced No fiscal implication to the State is anticipated. The bill would amend Education Code Section 62 to require the Texas Higher Education Cooordinating Board to provide the Comptroller on an annual basis with each National Research University Fund (NRUF) eligible institution's restricted research expenditures. The bill would make the restricted research data submitted to the Coordinating Board, as well as the certification or verification of the restricted research data by the Coordinating Board, subject to audit by the State Auditor. In the event of an audit, there would be a cost to the State Auditor's Office. The bill would also allocate the annual proceeds appropriated from the NRUF according to each institution's proportional share of the total three-year average of restricted research expenditures for all eligible institutions, provided no eligible institution is funded at an amount less than $2.5 million per year. In the event the NRUF proceeds are insufficient to provide this minimum amount to each eligible institution, the NRUF appropriation would be reinvested in the NRUF corpus. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:781 Higher Education Coordinating Board LBB Staff: JOB, KK, RT, JAW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 28, 2011
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB1365 by Ellis (Relating to the distribution of money appropriated from the national research university fund.), As Introduced
TO: Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB1365 by Ellis (Relating to the distribution of money appropriated from the national research university fund.), As Introduced
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
SB1365 by Ellis (Relating to the distribution of money appropriated from the national research university fund.), As Introduced
SB1365 by Ellis (Relating to the distribution of money appropriated from the national research university fund.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend Education Code Section 62 to require the Texas Higher Education Cooordinating Board to provide the Comptroller on an annual basis with each National Research University Fund (NRUF) eligible institution's restricted research expenditures. The bill would make the restricted research data submitted to the Coordinating Board, as well as the certification or verification of the restricted research data by the Coordinating Board, subject to audit by the State Auditor. In the event of an audit, there would be a cost to the State Auditor's Office. The bill would also allocate the annual proceeds appropriated from the NRUF according to each institution's proportional share of the total three-year average of restricted research expenditures for all eligible institutions, provided no eligible institution is funded at an amount less than $2.5 million per year. In the event the NRUF proceeds are insufficient to provide this minimum amount to each eligible institution, the NRUF appropriation would be reinvested in the NRUF corpus.
The bill would amend Education Code Section 62 to require the Texas Higher Education Cooordinating Board to provide the Comptroller on an annual basis with each National Research University Fund (NRUF) eligible institution's restricted research expenditures.
The bill would make the restricted research data submitted to the Coordinating Board, as well as the certification or verification of the restricted research data by the Coordinating Board, subject to audit by the State Auditor. In the event of an audit, there would be a cost to the State Auditor's Office.
The bill would also allocate the annual proceeds appropriated from the NRUF according to each institution's proportional share of the total three-year average of restricted research expenditures for all eligible institutions, provided no eligible institution is funded at an amount less than $2.5 million per year. In the event the NRUF proceeds are insufficient to provide this minimum amount to each eligible institution, the NRUF appropriation would be reinvested in the NRUF corpus.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 781 Higher Education Coordinating Board
781 Higher Education Coordinating Board
LBB Staff: JOB, KK, RT, JAW
JOB, KK, RT, JAW