LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

 

May 5, 2003

TO:	Honorable Florence Shapiro, Chair, Senate Committee on Education
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	SB1297 by Ogden (Relating to non-substantive changes to existing financing authority for the University of North Texas, financing a mulit-institutional education center in Williamson County for Southwest Texas State University and exempting facilities financed by bonds from prior approval by the Texas Higher Education Coordinating Board.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated, because of the language specifying that no general revenue funds can be used for the Williamson county facility.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

304 Comptroller of Public Accounts, 347 Public Finance Authority, 352 Bond Review Board, 758 Board of Regents, Texas State University System Central Office, 781 Higher Education Coordinating Board

LBB Staff:

JK, SD, MG, JO, CT, PF, GS