LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 26, 2017 TO: Honorable Dan Huberty, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB481 by King, Ken (Relating to the recovery of overallocated state funds by the Texas Education Agency.), As Introduced No significant fiscal implication to the State is anticipated. The bill would prohibit the Texas Education Agency (TEA) from recovering an overallocation of state funds distributed under the Foundation School Program if the overallocation of state funds occurred more than seven years before the date the overallocation was discovered, and the overallocation occurred as a result of statutory changes and related requirements.TEA indicates that no overallocations that are more than seven years old have been identified in recent years.The bill would take effect September 1, 2017. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:701 Texas Education Agency LBB Staff: UP, THo, AM, AH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 26, 2017
TO: Honorable Dan Huberty, Chair, House Committee on Public Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB481 by King, Ken (Relating to the recovery of overallocated state funds by the Texas Education Agency.), As Introduced
TO: Honorable Dan Huberty, Chair, House Committee on Public Education
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB481 by King, Ken (Relating to the recovery of overallocated state funds by the Texas Education Agency.), As Introduced
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
HB481 by King, Ken (Relating to the recovery of overallocated state funds by the Texas Education Agency.), As Introduced
HB481 by King, Ken (Relating to the recovery of overallocated state funds by the Texas Education Agency.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would prohibit the Texas Education Agency (TEA) from recovering an overallocation of state funds distributed under the Foundation School Program if the overallocation of state funds occurred more than seven years before the date the overallocation was discovered, and the overallocation occurred as a result of statutory changes and related requirements.TEA indicates that no overallocations that are more than seven years old have been identified in recent years.The bill would take effect September 1, 2017.
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, THo, AM, AH
UP, THo, AM, AH