LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 14, 2025 TO: Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1635 by Hinojosa, Adam (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 14, 2025
TO: Honorable Brandon Creighton, Chair, Senate Committee on Education K-16 FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1635 by Hinojosa, Adam (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 Brandon Creighton, Chair, Senate Committee on Education K-16
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1635 by Hinojosa, Adam (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 Brandon Creighton, Chair, Senate Committee on Education K-16
Honorable Brandon Creighton, Chair, Senate Committee on Education K-16
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB1635 by Hinojosa, Adam (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
SB1635 by Hinojosa, Adam (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