LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

April 9, 2007

TO:	Honorable Judith Zaffirini, Chair, Senate Committee on S/C on Higher Education
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB1446 by Duncan (Relating to the removal of indirect cost recovery fees from the list of items that must be accounted for as educational and general funds by institutions of higher education.), As Introduced

No fiscal implication to the State is anticipated.

Under provisions of the bill, indirect cost recovery fees is removed from the list of items that must be accounted for as educational and general funds by institutions of higher education. The bill will shift funds from educational and general funds to local funds.  There would be no fiscal impact to the State as indirect cost is currently excluded from the calculation of other educational and general income.

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, 781 Higher Education Coordinating Board, 783 University of Houston System Administration

LBB Staff:

JOB, MN, RT, GO