LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION May 10, 2013 TO: Honorable Dan Patrick, Chair, Senate Committee on Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2662 by Farney (Relating to a personal financial literacy credit for high school programs.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Education Code to require a personal financial literacy credit as part of the enrichment curriculum. Based on the analysis of the Texas Education Agency, the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by using existing resources. The bill would become effective immediately upon approval by appropriate voting majorities, or on September 1, 2013. Local Government Impact School districts could incur costs to obtain instructional materials and to hire additional staff to teach the additional one-half credit personal financial literacy course. Source Agencies:701 Central Education Agency LBB Staff: UP, JBi, JSc, AW
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
May 10, 2013
TO: Honorable Dan Patrick, Chair, Senate Committee on Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2662 by Farney (Relating to a personal financial literacy credit for high school programs.), As Engrossed
TO: Honorable Dan Patrick, Chair, Senate Committee on Education
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2662 by Farney (Relating to a personal financial literacy credit for high school programs.), As Engrossed
Honorable Dan Patrick, Chair, Senate Committee on Education
Honorable Dan Patrick, Chair, Senate Committee on Education
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2662 by Farney (Relating to a personal financial literacy credit for high school programs.), As Engrossed
HB2662 by Farney (Relating to a personal financial literacy credit for high school programs.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Education Code to require a personal financial literacy credit as part of the enrichment curriculum. Based on the analysis of the Texas Education Agency, the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by using existing resources. The bill would become effective immediately upon approval by appropriate voting majorities, or on September 1, 2013.
The bill would amend the Education Code to require a personal financial literacy credit as part of the enrichment curriculum. Based on the analysis of the Texas Education Agency, the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by using existing resources. The bill would become effective immediately upon approval by appropriate voting majorities, or on September 1, 2013.
Local Government Impact
School districts could incur costs to obtain instructional materials and to hire additional staff to teach the additional one-half credit personal financial literacy course.
Source Agencies: 701 Central Education Agency
701 Central Education Agency
LBB Staff: UP, JBi, JSc, AW
UP, JBi, JSc, AW