LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION

April 19, 2013

TO:	Honorable Kel Seliger, Chair, Senate Committee on Higher Education
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB1604 by Zaffirini (relating to asset management and acquisition by institutions of higher education.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill relates to the asset management and acquisition by institutions of higher education. The bill includes provisions relating to the authority of the board of regents of the Texas A&M University System to dispose of real property and mineral interests under its jurisdiction and for the University of Texas System to acquire certain land near the City of Brownsville for campus and other university purposes. 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:

758 Texas State University System, 783 University of Houston System Administration, 710 Texas A&M University System Administrative and General Offices, 720 The University of Texas System Administration, 768 Texas Tech University System Administration, 769 University of North Texas System Administration, 781 Higher Education Coordinating Board

LBB Staff:

UP, KK, SK, GO