| TO: | Honorable Dan Branch, Chair, House Committee on Higher Education |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB603 by Farabee (relating to an intercollegiate athletics fee at Midwestern State University.), Committee Report 1st House, Substituted |
Under provisions of the bill, Midwestern State University may charge an intercollegiate athletics fee in an amount not to exceed the lesser of $10 per semester credit hour or $120 for each regular semester or each summer session of more than six weeks or $60 for each summer session of six weeks or less. The fee could not be charged unless approved by a majority vote of the students enrolled at the university.
The University estimates the maximum revenue that could be generated under the bill would be $1.2 million. The University estimates that if the fee begins in the spring of 2010 at a rate of $5 per semester credit hour and does not increase more than 10 percent annually, 2010 revenue would be approximately $694,691 and 2011 revenue would be $760,731.
| Source Agencies: | 735 Midwestern State University, 781 Higher Education Coordinating Board
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| LBB Staff: | JOB, KK, RT, SSh, SK
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