LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 29, 2021 TO: Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB437 by Goodwin (Relating to personal financial literacy courses for high school students in public schools.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to personal financial literacy courses for high school students in public schools could be absorbed using existing resources. Local Government ImpactThis bill reduces the number of elective courses required by the foundation high school program from five credits to four- and one-half credits. This may cause difficulty for LEAs as few elective courses are only one-half credit, most are one credit. There would likely be costs to school districts and open-enrollment charter schools to add another required course to student schedules and either train teachers to teach or hire additional teachers to provide instruction in personal financial literacy. Source Agencies: b > td > 701 Texas Education Agency LBB Staff: b > td > JMc, SL, AH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 29, 2021
TO: Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB437 by Goodwin (Relating to personal financial literacy courses for high school students in public schools.), As Introduced
TO: Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB437 by Goodwin (Relating to personal financial literacy courses for high school students in public schools.), As Introduced
Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education
Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB437 by Goodwin (Relating to personal financial literacy courses for high school students in public schools.), As Introduced
HB437 by Goodwin (Relating to personal financial literacy courses for high school students in public schools.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that the costs associated with the bill's provisions relating to personal financial literacy courses for high school students in public schools could be absorbed using existing resources.
Local Government Impact
This bill reduces the number of elective courses required by the foundation high school program from five credits to four- and one-half credits. This may cause difficulty for LEAs as few elective courses are only one-half credit, most are one credit. There would likely be costs to school districts and open-enrollment charter schools to add another required course to student schedules and either train teachers to teach or hire additional teachers to provide instruction in personal financial literacy.
Source Agencies: b > td > 701 Texas Education Agency
701 Texas Education Agency
LBB Staff: b > td > JMc, SL, AH
JMc, SL, AH