LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 12, 1995 TO: Honorable Senator John T. Montford, IN RE: House BillNo. 1510, Chair as engrossed Committee on Finance By: Duncan Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 1510 (Relating to the fee for the university center at Texas Tech University.) this office has determined the following: The bill would authorize the Board of Regents of Texas Tech University to increase the student fee from $20 to $50 per student per semester and from $10 to $25 per student for each summer session. The bill would require that an annual increase of more than 10 percent must be approved by a majority vote of the students or by a majority vote of the student government. The bill would increase the revenue collected locally by the institution by an estimated $2.8 million per year. However, these funds are institutional funds and not part of the educational and general operations of the university. No fiscal implication to the State or units of local government is anticipated. Source: LBB Staff: JK, RS, DF