LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
May 2, 1995
TO: Honorable Irma Rangel, Chair IN RE: House Bill No. 2247
Committee on Higher Education By: Black
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2247 (Relating to the transfer of governance of Central Texas
University to another public institution of higher education or a
university system) this office has determined the following:
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
The bill would authorize the transfer of governance of Central
Texas University to another institution of higher education or
university system contingent upon the approval of the Higher
Education Coordinating Board. The bill would specify that
contracts, written obligations including bonds, employee
insurance and benefits, semester credit hours earned or
employment status would not be affected by the transfer.
Central Texas University is authorized under V.T.C.A., Education
Code, Chapter 113 but has not yet been established as a state
supported public institution of higher education. The provisions
to transfer the governance of the institution would have no
fiscal implications to the State or units of local government.
However, separate legislation would be required to establish
Central Texas University and would be addressed in a separate
fiscal note.
Source: Higher Education Coordinating Board
LBB Staff: JK, LS, WRR