LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 19, 2005

TO:	Honorable Geanie Morrison, Chair, House Committee on Higher Education
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	HB3001 by Morrison (Relating to the amount of the annual constitutional appropriation to certain agencies and institutions of higher education and to the allocation of those funds to those agencies and institutions. ), Committee Report 1st House, As Amended

Estimated Two-year Net Impact to General Revenue Related Funds for HB3001, Committee Report 1st House, As Amended: a negative impact of ($175,000,000) through the biennium ending August 31, 2007.

General Revenue-Related Funds, Five-Year Impact:

Fiscal Year	Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2006	($87,500,000)
2007	($87,500,000)
2008	($87,500,000)
2009	($87,500,000)
2010	($87,500,000)

All Funds, Five-Year Impact:

Fiscal Year	Probable Revenue Gain/(Loss) from GENERAL REVENUE FUND 1
2006	($87,500,000)
2007	($87,500,000)
2008	($87,500,000)
2009	($87,500,000)
2010	($87,500,000)

Fiscal Analysis

The bill would increase the annual constitutional appropriation for the Higher Education Fund by $87,500,000 (from $175,000,000 annually to $262,500,000 annually, or an increase of 50 percent).

Methodology

The $87,500,000 annual cost to the General Revenue Fund is the amount above current yearly appropriation levels for the Higher Education Fund. 

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, CT, RT, JAW