LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 4, 2017 TO: Honorable Dan Huberty, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3231 by Bohac (Relating to financial accountability standards for charter schools operated by a public institution of higher education.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would require the financial performance of charter schools operated by public institutions of higher education to be evaluated on indicators adopted by commissioner rule.The bill would take effect September 1, 2017, or immediately if passed with the necessary voting margins. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:701 Texas Education Agency LBB Staff: UP, SL, THo, AM, AW LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 4, 2017 TO: Honorable Dan Huberty, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3231 by Bohac (Relating to financial accountability standards for charter schools operated by a public institution of higher education.), Committee Report 1st House, Substituted TO: Honorable Dan Huberty, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3231 by Bohac (Relating to financial accountability standards for charter schools operated by a public institution of higher education.), Committee Report 1st House, Substituted Honorable Dan Huberty, Chair, House Committee on Public Education Honorable Dan Huberty, Chair, House Committee on Public Education Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB3231 by Bohac (Relating to financial accountability standards for charter schools operated by a public institution of higher education.), Committee Report 1st House, Substituted HB3231 by Bohac (Relating to financial accountability standards for charter schools operated by a public institution of higher education.), 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 would require the financial performance of charter schools operated by public institutions of higher education to be evaluated on indicators adopted by commissioner rule.The bill would take effect September 1, 2017, or immediately if passed with the necessary voting margins. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 701 Texas Education Agency 701 Texas Education Agency LBB Staff: UP, SL, THo, AM, AW UP, SL, THo, AM, AW