TO: | Honorable Dan Branch, Chair, House Committee on Higher Education |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | HB1339 by Lyne (Relating to the student fees for the university center at Midwestern State University.), As Introduced |
Under provisions of the bill, Midwestern State University may increase the amount of the student fee to support the university center beyond the limit currently in statute if the increase is approved by a majority vote of students. If an increase is approved, the increased amount may not be charged for more than five academic years unless the institutions has issued bonds payable from that fee, in which case the increased fee may be charged until all such bonds have been fully paid.
Under current law, the fee may not exceed $15 per student for each semester of the long session and $7.50 per student for all or part of each term in the summer session. It is assumed that additional revenue generated by the bill would not be significant.
Source Agencies: | 735 Midwestern State University, 781 Higher Education Coordinating Board
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LBB Staff: | JOB, KK, RT, SK
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