LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

April 22, 2011

TO:	Honorable Rob Eissler, Chair, House Committee on Public Education
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB3708 by Hochberg (Relating to the Early High School Graduation Scholarship program and to the funding of certain exemptions from tuition and fees at public institutions of higher education from savings attributable to the program.), Committee Report 1st House, Substituted

No fiscal implication to the State is anticipated.

The bill would specify that awards under the Early High School Graduation Scholarship program be paid from funds appropriated for that purpose and amends statutory language to eliminate required funding transfers from the Foundation School Program (FSP) to fund the program. 

For purposes of this estimate, it is assumed that current law expenditures, estimated at $14.2 million for the 2010-11 biennium, would continue and would be paid from funds appropriated for that purpose. To the extent that less funding may be appropriated to support the program, the provisions of the bill would result in a savings in comparison to current law.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

701 Central Education Agency

LBB Staff:

JOB, LXH, JGM, JSc