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 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.