LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 30, 1995
TO: Honorable Bill Ratliff, Chair IN RE: Committee Substitute
Committee on Education for
Senate Senate
Austin, Texas Bill No. 1320
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
1320 (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 a student fee of $1 per student for any semester or
summer term for construction of a Martin Luther King, Jr. statue.
Any funds collected in excess of that needed to construct the
statue would be used to establish Martin Luther King, Jr.,
student scholarships. These fees would be auxiliary in nature
and would not affect educational and general operations of the
university.
No fiscal implication to the State or units of local government
is anticipated.
Source: LBB Staff: JK, MK, WRR