LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session February 23, 1999 TO: Honorable Teel Bivins, Chair, Senate Committee on Education FROM: John Keel, Director, Legislative Budget Board IN RE: SB332 by Moncrief (Relating to authorizing institutions of higher education to impose a fee to support Washington, D.C., internships and abolishing the Texas-Washington, D.C., intern scholarship program.), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Any revenue from the new Washington, D.C. Internship Education Fee would be held by the institution of higher education in a local fund outside of the State Treasury. The fee would be optional. If an institution decided to charge and collect the maximum fee, the gain to its local funds would be $1 for each student registered each semester and session. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JK, CT, LD