LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

March 11, 2009

TO:	Honorable Dan Branch, Chair, House Committee on Higher Education
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB241 by Alonzo (Relating to a study and report concerning predicted faculty retirement at general academic teaching institutions.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would require each general academic teaching institution to conduct a study relating to faculty member retirements that may occur through the end of 2025 academic year and submit the study to the Higher Education Coordinating Board by August 1, 2010. The Higher Education Coordinating Board will compile the reports and submit the compilation to the Governor, Lieutenant Governor, the Speaker of the House, and the presiding officer of each legislative standing committee or subcommittee with primary jurisdiction over higher education. Any costs associated with this bill will be absorbed within current 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, 768 Texas Tech University System Administration, 781 Higher Education Coordinating Board

LBB Staff:

JOB, KK, RT, GO