Honorable Jim Murphy, Chair, House Committee on Higher Education
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1094 by Creighton (relating to the payment of certain education expenses using the state’s programs for paying, prepaying, or saving toward the costs of attending an institution of higher education.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend Chapter 54 of the Education Code to expand the Prepaid Higher Education Tuition Program to allow tuition units to pay for tuition and required fees at registered apprenticeship programs.
Based on the analysis provided by the Higher Education Coordinating Board and the Comptroller of Public Accounts, it is assumed that the costs associated with the provisions of the bill relating to the payment of tuition and required fees at registered apprenticeship programs using a prepaid tuition contract could be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 781 Higher Education Coordinating Board