FISCAL NOTE, 85TH LEGISLATURE 1st CALLED SESSION - 2017
July 24, 2017
TO:
Honorable Dan Huberty, Chair, House Committee on Public Education
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB256 by Bernal (Relating to the Legislative Budget Board's report on equalized funding elements under the public school finance system.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Education Code Section 42.007 to require the Legislative Budget Board (LBB) to submit to the Commissioner of Education and the Legislature a report on the LBB's recommendations regarding the equalized funding elements necessary to enable each student to achieve satisfactory performance on each assessment instrument required under Section 39.023 of the Education Code for each fiscal year of the next state fiscal biennium.
Assuming the methodologies currently used by the LBB to conduct school finance analysis, or substantially similar methodologies, will satisfy the legislative intent of the reporting requirements in the bill, no significant fiscal impact is anticipated. However, if a significant change in the methodology to expand the scope or approach of the analysis were required, the LBB may be required to enter into a contract for the report's completion, and costs could be significant.
The bill would take effect immediately if it receives a vote of two-thirds of all members elected to each chamber; otherwise, it would take effect on the 91st day after the last day of the legislative session.
Local Government Impact
No fiscal implication to units of local government is anticipated.