LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 5, 1995
TO: Honorable Irma Rangel, Chair IN RE: Committee Substitute
Committee on Higher Education for
House of Representatives House Bill
Austin, Texas No. 2994
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2994 (Relating to the Martin Luther King, Jr. statue fee at The
University of Texas at Austin) this office has determined the
following:
The bill would authorize The University of Texas at Austin to
collect an institutional student fee of $1 per student for any
semester or summer term for construction of a Martin Luther King,
Jr. statue. The authority to charge the fee would expire August
31, 1999 or when sufficient funds for the statue have been
collected. This fee would be a component of institutional funds
and would not affect 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, WRR