LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 7, 2025 TO: Honorable Terry M. Wilson, Chair, House Committee on Higher Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4066 by Bonnen (Relating to the repeal of the Texas Research Incentive Program.), As Introduced No significant fiscal implication to the State is anticipated. The bill would repeal the Texas Research Incentive Program, which is administered by the Higher Education Coordinating Board, effective September 1, 2027. The program provides matching funds to assist eligible institutions in leveraging private gifts for the enhancement of research productivity and faculty recruitment and grant amounts are dependent on funds appropriated for the purposes of the program. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 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 LBB Staff: b > td > JMc, FV, LBO, GO, NV LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 7, 2025 TO: Honorable Terry M. Wilson, Chair, House Committee on Higher Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4066 by Bonnen (Relating to the repeal of the Texas Research Incentive Program.), As Introduced TO: Honorable Terry M. Wilson, Chair, House Committee on Higher Education FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4066 by Bonnen (Relating to the repeal of the Texas Research Incentive Program.), As Introduced Honorable Terry M. Wilson, Chair, House Committee on Higher Education Honorable Terry M. Wilson, Chair, House Committee on Higher Education Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB4066 by Bonnen (Relating to the repeal of the Texas Research Incentive Program.), As Introduced HB4066 by Bonnen (Relating to the repeal of the Texas Research Incentive Program.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would repeal the Texas Research Incentive Program, which is administered by the Higher Education Coordinating Board, effective September 1, 2027. The program provides matching funds to assist eligible institutions in leveraging private gifts for the enhancement of research productivity and faculty recruitment and grant amounts are dependent on funds appropriated for the purposes of the program. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 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 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 LBB Staff: b > td > JMc, FV, LBO, GO, NV JMc, FV, LBO, GO, NV