LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 10, 1997 TO: Honorable Robert Junell, Chair IN RE: House Bill No. 538, Committee Report 1st House, as amended Committee on Appropriations By: Maxey House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB538 ( relating to the distribution of general revenue appropriations to certain institutions of higher education) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB538-Committee Report 1st House, as amended No fiscal implication to the State is anticipated. FISCAL ANALYSIS The bill would require the Comptroller of Public Accounts to make available general revenue appropriations to all institutions of higher education, except public junior colleges, in 10 installments as defined by the bill on the first business day of each month. In addition, the bill would allow the Comptroller to make available all or part of the monthly installments to an institution early, if the Comptroller determined that the institution had an unusual need for it. The bill would take effect September 1, 1997. The bill would partially implement the Texas Performance Review recommendation ED20 in Disturbing the Peace: The Challenge of Change in Texas Government. METHODOLOGY Based on an examination of general revenue spending patterns of institutions in 1995, actual general revenue spending is below the caps established by the bill. It is assumed that those spending practices would continue and that interest earnings for the Treasury and local accounts would remain at current levels. Therefore, there would be no fiscal impact to the state. LOCAL No fiscal implication to units of local government is anticipated. Source: Agencies: 304 Comptroller of Public Accounts LBB Staff: JK ,RR ,LD