LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 9, 2017 TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB887 by Seliger (Relating to a requirement that certain participating institutions under the student loan program administered by the Texas Higher Education Coordinating Board provide loan debt information to certain students.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would require certain higher education institutions that participate in the student loan program administered by the Higher Education Coordinating Board to provide loan debt information to students. This analysis assumes that any costs for institutions of higher education to implement the provisions of the bill could be absorbed within current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:783 University of Houston System Administration, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board LBB Staff: UP, THo, DEH, GO LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 9, 2017 TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB887 by Seliger (Relating to a requirement that certain participating institutions under the student loan program administered by the Texas Higher Education Coordinating Board provide loan debt information to certain students.), Committee Report 1st House, Substituted TO: Honorable Kel Seliger, Chair, Senate Committee on Higher Education FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB887 by Seliger (Relating to a requirement that certain participating institutions under the student loan program administered by the Texas Higher Education Coordinating Board provide loan debt information to certain students.), 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 SB887 by Seliger (Relating to a requirement that certain participating institutions under the student loan program administered by the Texas Higher Education Coordinating Board provide loan debt information to certain students.), Committee Report 1st House, Substituted SB887 by Seliger (Relating to a requirement that certain participating institutions under the student loan program administered by the Texas Higher Education Coordinating Board provide loan debt information to certain students.), 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 certain higher education institutions that participate in the student loan program administered by the Higher Education Coordinating Board to provide loan debt information to students. This analysis assumes that any costs for institutions of higher education to implement the provisions of the bill could be absorbed within current resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 783 University of Houston System Administration, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 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, 758 Texas State University System, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board LBB Staff: UP, THo, DEH, GO UP, THo, DEH, GO