LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 25, 2013 TO: Honorable Jimmie Don Aycock, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB885 by Murphy (Relating to the guarantee of refinanced open-enrollment charter school bonds by the permanent school fund.), As Introduced No fiscal implication to the State is anticipated. The bill would allow for refunding or refinanced bonds issued by an open-enrollment charter school to be guaranteed by the Permanent School Fund through the bond guarantee program. Local Government Impact Open-enrollment charter schools refunding or refinancing bonds would be able to seek the bond guarantee for those bonds Source Agencies:701 Central Education Agency LBB Staff: UP, JBi, JSc
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 25, 2013
TO: Honorable Jimmie Don Aycock, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB885 by Murphy (Relating to the guarantee of refinanced open-enrollment charter school bonds by the permanent school fund.), As Introduced
TO: Honorable Jimmie Don Aycock, Chair, House Committee on Public Education
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB885 by Murphy (Relating to the guarantee of refinanced open-enrollment charter school bonds by the permanent school fund.), As Introduced
Honorable Jimmie Don Aycock, Chair, House Committee on Public Education
Honorable Jimmie Don Aycock, Chair, House Committee on Public Education
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB885 by Murphy (Relating to the guarantee of refinanced open-enrollment charter school bonds by the permanent school fund.), As Introduced
HB885 by Murphy (Relating to the guarantee of refinanced open-enrollment charter school bonds by the permanent school fund.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would allow for refunding or refinanced bonds issued by an open-enrollment charter school to be guaranteed by the Permanent School Fund through the bond guarantee program.
Local Government Impact
Open-enrollment charter schools refunding or refinancing bonds would be able to seek the bond guarantee for those bonds
Source Agencies: 701 Central Education Agency
701 Central Education Agency
LBB Staff: UP, JBi, JSc
UP, JBi, JSc