LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION

March 24, 2015

TO:	Honorable Kel Seliger, Chair, Senate Committee on Higher Education
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	SB1066 by Zaffirini (Relating to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill relates to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program.  Under provisions of the bill, beginning with the third year following implementation of the scholarship program, an eligible institution must demonstrate to the board that at least 70 percent of its T-STEM Challenge Scholarships recipients are employed or enrolled in courses leading to a certificate, associate, or baccalaureate degree in a STEM field, within twelve months of receiving the scholarship. 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:

UP, EMu, DEH, GO, ED