LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 2, 1997 TO: Honorable Irma Rangel, Chair IN RE: Senate Bill No. 1040, As Engrossed Committee on Higher Education By: Truan House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1040 ( Relating to problems of institutions of higher education that address small business research and development.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1040-As Engrossed No significant fiscal implication to the State is anticipated. 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 Coordinating Board estimates a one time cost of $20,000 to conduct the initial study; however, these costs are not estimated to be significant. No fiscal implication to units of local government is anticipated. Source: Agencies: 781 Higher Education Coordinating Board LBB Staff: JK ,LP ,LD