LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

April 11, 2019

TO:	Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	SB446 by West (Relating to requiring a public employer to give notice to new employees of the ability of certain employees to participate in the Public Service Loan Forgiveness Program.), Committee Report 1st House, Substituted

No significant fiscal implication to the State is anticipated.

The bill would require public employers to notify new employees that they may be eligible to participate in the Public Service Loan Forgiveness Program administered by the United States Department of Education. The provisions of the bill would not apply if the Public Service Loan Forgiveness Program is discontinued or not funded.

It is assumed that the provisions of the bill could be absorbed using existing resources.

Local Government Impact

According to the Texas Association of Counties, no significant fiscal implication to counties is anticipated.

Source Agencies:

212 Office of Court Administration, Texas Judicial Council, 537 State Health Services, Department of, 701 Texas Education Agency, 781 Higher Education Coordinating Board, 529 Health and Human Services Commission

LBB Staff:

WP, BH, CLo, CMa, JQ, AF