LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
 
April 9, 2009

TO:
Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
 
FROM:
John S. O'Brien, Director, Legislative Budget Board
 
IN RE:
SB1849 by Shapleigh (Relating to the student endowment scholarship and internship program fund at The University of Texas at El Paso.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill authorizes a student endowment fund fee, not to exceed $1.00 per term, at The University of Texas at El Paso. The fee must be used to establish a student endowment fund.  The fee is in addition to any other fee authorized by law and may not be considered in determining the maximum amount of student services fess that may be imposed. The University of Texas System has indicated that if the fee is imposed it would begin with the 2010 fall semester and generate approximately $47,500 in fiscal year 2011 with slight increases in the subsquent years.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
720 The University of Texas System Administration
LBB Staff:
JOB, KK, RT, GO