LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 2, 1997
TO: Honorable Carlos F. Truan, Chair IN RE: Senate Bill No. 1518
Committee on International Relations, Trade & Technology By: Truan
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1518 ( Relating
to the creation of a Texas High Technology Partnership Center
at the Geo-Technology Research Institute.) this office has detemined
the following:
Biennial Net Impact to General Revenue Funds by SB1518-As Introduced
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 bill would amend the Education Code to establish the Texas
High Technology Partnership Center at the Geo-Technology Research
Institute. The bill would authorize the new center to receive
funds from the state or federal government or from private sources.
The Legislature could appropriate funds to the center for the
purposes laid out in the bill.
No fiscal implication to units of local government is anticipated.
Source: Agencies: 781 Higher Education Coordinating Board
LBB Staff: JK ,TH ,LD