LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

May 16, 2011

TO:	Honorable Judith Zaffirini, Chair, Senate Committee on Higher Education
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB3578 by Gonzales, Larry (Relating to clarification of the authorized uses for loans under public institution of higher education emergency loan programs.), As Engrossed

No significant fiscal implication to the State is anticipated.

The  bill relates to clarification of the authorized uses for loans under public institution of higher education emergency loan programs. The bill amends Section 56.053(a) of the Education Code to adjust the maximum emergency loan amount allowable calculation to also include the cost of textbooks for the courses in which the student is actually enrolling.  Some institutions have reported that they either have a book loan program that is already in compliance with the proposed changes or do not expect that significant additional resources would be needed to meet the requirements of this Act.  Provisions of the bill would be implemented within existing 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, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board, 783 University of Houston System Administration

LBB Staff:

JOB, KK, RT, GO