Honorable Geanie Morrison, Chair, House Committee on Higher Education
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
HB1363 by Crownover (Relating to funding for the Texas Academy of Mathematics and Science. ), Committee Report 1st House, Substituted
No fiscal implication to the State is anticipated.
The bill would amend Sections 42.156 and 105.301(e), Education Code revising the formula under which the University of North Texas’ Academy of Mathematics and Sciences is funded.The bill would eliminate the Tier 1 local share offset in the determination of the school’s state aid under the Foundation School Program and fund all but $366,825 of the school’s state aid through a set-aside from the gifted and talented allotment.
Local Government Impact
No fiscal implication to units of local government is anticipated.