LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 17, 1997
TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1201
Committee on Finance By: Lucio
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1201 ( Relating
to authorizing the board of regents of The University of Texas
System to acquire by purchase, exchange, gift, or otherwise
certain properties to be used for campus expansion and university
purposes in The University of Texas System.) this office has
detemined the following:
Biennial Net Impact to General Revenue Funds by SB1201-As Introduced
No fiscal implication to the State is anticipated.
The bill would authorize the Board of Regents of The University
of Texas System to acquire specified parcels of land. Approximately
$266,000 in general use fee revenue would be used to purchase
the land during fiscal years 1998 and 1999. These revenues
are institutional funds. Therefore, no fiscal implication to
the State is anticipated.
No fiscal implication to units of local government is anticipated.
Source: Agencies: 720 University of Texas System Administration
LBB Staff: JK ,RR ,DB