LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 6, 2021 TO: Honorable Larry Taylor, Chair, Senate Committee on Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1063 by Alvarado (Relating to courses in personal financial literacy & economics for high school students in public schools.), As Introduced No significant fiscal implication to the State is anticipated. The bill would add one-half credit in personal financial literacy and economics as an option under the foundation high school program. The bill would require the Texas Education Agency to develop a list of free, open-source, and publicly available curricula that could be used for a personal financial literacy and economics course.This analysis assumes that costs associated with the bill could be absorbed using existing resources. Local Government ImpactLocal education agencies could see some costs related to the new course, including costs related to hiring qualified teachers and facilitating professional development. Source Agencies: b > td > 701 Texas Education Agency LBB Staff: b > td > JMc, SL, AH, THO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 6, 2021
TO: Honorable Larry Taylor, Chair, Senate Committee on Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1063 by Alvarado (Relating to courses in personal financial literacy & economics for high school students in public schools.), As Introduced
TO: Honorable Larry Taylor, Chair, Senate Committee on Education
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1063 by Alvarado (Relating to courses in personal financial literacy & economics for high school students in public schools.), As Introduced
Honorable Larry Taylor, Chair, Senate Committee on Education
Honorable Larry Taylor, Chair, Senate Committee on Education
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1063 by Alvarado (Relating to courses in personal financial literacy & economics for high school students in public schools.), As Introduced
SB1063 by Alvarado (Relating to courses in personal financial literacy & economics 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.
The bill would add one-half credit in personal financial literacy and economics as an option under the foundation high school program. The bill would require the Texas Education Agency to develop a list of free, open-source, and publicly available curricula that could be used for a personal financial literacy and economics course.This analysis assumes that costs associated with the bill could be absorbed using existing resources.
Local Government Impact
Local education agencies could see some costs related to the new course, including costs related to hiring qualified teachers and facilitating professional development.
Source Agencies: b > td > 701 Texas Education Agency
701 Texas Education Agency
LBB Staff: b > td > JMc, SL, AH, THO
JMc, SL, AH, THO