LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 3, 1995 TO: Honorable Irma Rangel, Chair IN RE: House Bill No. 2994 Committee on Higher Education By: Dukes House of Representatives Austin, Texas 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. 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: Higher Education Coordinating Board LBB Staff: JK, MK, WRR