LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 21, 2025 TO: Honorable Brad Buckley, Chair, House Committee on Public Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3631 by Hunter (Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.), As Introduced TEA assumes the fiscal implications of the bill cannot be determined due to insufficient data related to costs incurred by school districts for windstorm and hail insurance. It is assumed that any administrative costs associated with the bill could be absorbed using existing resources. Local Government ImpactThe fiscal impact to LEAs cannot be determined due to lack of data; however, this analysis assumes that recapture payments for certain districts would decrease. Source Agencies: b > td > 701 Texas Education Agency LBB Staff: b > td > JMc, NC, ASA, MJe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 21, 2025 TO: Honorable Brad Buckley, Chair, House Committee on Public Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3631 by Hunter (Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.), As Introduced TO: Honorable Brad Buckley, Chair, House Committee on Public Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3631 by Hunter (Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.), As Introduced Honorable Brad Buckley, Chair, House Committee on Public Education Honorable Brad Buckley, Chair, House Committee on Public Education Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB3631 by Hunter (Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.), As Introduced HB3631 by Hunter (Relating to a credit against required recapture payments for certain school districts for the cost of windstorm and hail insurance under the public school finance system.), As Introduced TEA assumes the fiscal implications of the bill cannot be determined due to insufficient data related to costs incurred by school districts for windstorm and hail insurance. TEA assumes the fiscal implications of the bill cannot be determined due to insufficient data related to costs incurred by school districts for windstorm and hail insurance. It is assumed that any administrative costs associated with the bill could be absorbed using existing resources. Local Government Impact The fiscal impact to LEAs cannot be determined due to lack of data; however, this analysis assumes that recapture payments for certain districts would decrease. Source Agencies: b > td > 701 Texas Education Agency 701 Texas Education Agency LBB Staff: b > td > JMc, NC, ASA, MJe JMc, NC, ASA, MJe