LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 15, 2013 TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB27 by Zaffirini (relating to the Texas B-On-time student loan program.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill amends Education Code as it relates to the B-On-time student loan program. Under provisions of the bill, public state colleges would not participate in the Texas B-on-Time Loan Program. Although the bill modifies eligibility requirements for the program in regards to two year institutions participating in the program, the amounts disbursed to students attending two year institutions are not significant compared to state appropriations for the program. Therefore any impact on general revenue funds is not considered significant to the state. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:758 Texas State University System, 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, 768 Texas Tech University System Administration, 769 University of North Texas System Administration LBB Staff: UP, GO, KK, SK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 15, 2013 TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB27 by Zaffirini (relating to the Texas B-On-time student loan program.), Committee Report 1st House, Substituted TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB27 by Zaffirini (relating to the Texas B-On-time student loan program.), Committee Report 1st House, Substituted Honorable Kel Seliger, Chair, Senate Committee on Higher Education Honorable Kel Seliger, Chair, Senate Committee on Higher Education Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB27 by Zaffirini (relating to the Texas B-On-time student loan program.), Committee Report 1st House, Substituted SB27 by Zaffirini (relating to the Texas B-On-time student loan program.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill amends Education Code as it relates to the B-On-time student loan program. Under provisions of the bill, public state colleges would not participate in the Texas B-on-Time Loan Program. Although the bill modifies eligibility requirements for the program in regards to two year institutions participating in the program, the amounts disbursed to students attending two year institutions are not significant compared to state appropriations for the program. Therefore any impact on general revenue funds is not considered significant to the state. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 758 Texas State University System, 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, 768 Texas Tech University System Administration, 769 University of North Texas System Administration 758 Texas State University System, 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, 768 Texas Tech University System Administration, 769 University of North Texas System Administration LBB Staff: UP, GO, KK, SK UP, GO, KK, SK