Honorable Judith Zaffirini, Chair, Senate Committee on S/C on Higher Education
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB1417 by Hinojosa (Relating to the student endowment scholarship and internship program fund at Texas A&M University--Corpus Christi.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
Under provisions of the bill, the Texas A&M University System Board of Regents is authorized to impose a student endowment fund fee on each student enrolled at Texas A&M University - Corpus Christi. The amount of revenue generated by the fee, locally assessed by Texas A&M University - Corpus Christi, would depend on the fee amount assessed by the University and could increase with enrollment growth.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
710 Texas A&M University System Administrative and General Offices, 781 Higher Education Coordinating Board