LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

April 6, 2011

TO:	Honorable Jim Pitts, Chair, House Committee on Appropriations
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HJR109 by Orr (Proposing a constitutional amendment to clarify references to the permanent school fund and to allow the General Land Office to distribute revenue derived from permanent school fund land or properties to the available school fund.), As Introduced

No fiscal implication to the State is anticipated, other than the cost of publication.

The cost to the state for publication of the resolution is $105,495.

The resolution would propose a constitutional amendment to clarify references to the Permanent School Fund (PSF) and to allow the General Land Office (GLO) to distribute revenue derived from PSF land or properties to the Available School Fund (ASF).

The resolution would require that the amendment to the Texas Constitution be submitted to voters at an election on November 8, 2011.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

701 Central Education Agency

LBB Staff:

JOB, KK, SD