Honorable Judith Zaffirini, Chair, Senate Committee on S/C on Higher Education
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB1233 by Zaffirini (Relating to the general property deposit paid by a student to a public institution of higher education.), As Introduced
No significant fiscal implication to the State is anticipated.
Under provisions of the bill, an institution of higher education may collect a reasonable deposit in the amount not to exceed $100 from each student to insure the institution against any losses, damages, and breakage owed by the student to the institution. The institution shall return to the student the deposit, less any such amounts owed to the institution by the student. The deposit must be returned within a reasonable period after the date of the student's withdrawal or graduation from the institution, not to exceed 180 days, that provides the institution with sufficient time to identify all amounts owed and to determine that the student does not intend to enroll at the institution in the semester or summer session immediately following the student's withdrawal or graduation or if the student withdraws or graduates in the spring semester, in the next fall semester. The Higher Education Institutions will be able to implement provisions of this bill within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 758 Texas State University System, 769 University of North Texas System Administration