LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 11, 2023 TO: Honorable Brandon Creighton, Chair, Senate Committee on Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB696 by West (Relating to student buildings fees at The University of Texas at Dallas.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Education Code relating to the student building fees at The University of Texas at Dallas. Under provisions of the bill the Board of Regents may levy a student union fee not to exceed $100 per student for each regular semester and not to exceed $50 per student for each term of the summer semester for the sole purpose of financing, constructing, operating, maintaining, and improving student union buildings for The University of Texas at Dallas. Based on information provided by The University of Texas at Dallas, the additional revenue generated from the fees are estimated to be $1,982,000 in fiscal year 2025 based on the fees taking effect in the Fall 2024. Revenues in fiscal year 2026 and fiscal year 2027 are estimated to be $2,217,000 and $2,462,000 respectively. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 720 The University of Texas System Administration LBB Staff: b > td > JMc, MOc, GO, JSM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 11, 2023
TO: Honorable Brandon Creighton, Chair, Senate Committee on Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB696 by West (Relating to student buildings fees at The University of Texas at Dallas.), As Introduced
TO: Honorable Brandon Creighton, Chair, Senate Committee on Education
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB696 by West (Relating to student buildings fees at The University of Texas at Dallas.), As Introduced
Honorable Brandon Creighton, Chair, Senate Committee on Education
Honorable Brandon Creighton, Chair, Senate Committee on Education
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB696 by West (Relating to student buildings fees at The University of Texas at Dallas.), As Introduced
SB696 by West (Relating to student buildings fees at The University of Texas at Dallas.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Education Code relating to the student building fees at The University of Texas at Dallas. Under provisions of the bill the Board of Regents may levy a student union fee not to exceed $100 per student for each regular semester and not to exceed $50 per student for each term of the summer semester for the sole purpose of financing, constructing, operating, maintaining, and improving student union buildings for The University of Texas at Dallas. Based on information provided by The University of Texas at Dallas, the additional revenue generated from the fees are estimated to be $1,982,000 in fiscal year 2025 based on the fees taking effect in the Fall 2024. Revenues in fiscal year 2026 and fiscal year 2027 are estimated to be $2,217,000 and $2,462,000 respectively.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 720 The University of Texas System Administration
720 The University of Texas System Administration
LBB Staff: b > td > JMc, MOc, GO, JSM
JMc, MOc, GO, JSM