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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 12, 2021
TO:
Honorable Jim Murphy, Chair, House Committee on Higher Education
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB3003 by Parker (Relating to the establishment of the Texas Reskilling and Upskilling through Education (TRUE) Initiative to support workforce education at public junior colleges.), As Introduced
No significant fiscal implication to the State is anticipated.
It is assumed that the direct costs associated with the bill's provisions relating to the establishment of the Texas Reskilling and Upskilling through Education (TRUE) Initiative to support workforce education at public junior colleges could be absorbed using existing resources. However, there would be indeterminate fiscal implications from the amounts and methods of funding for potential grants authorized through the bill's provisions.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
320 Texas Workforce Commission, 781 Higher Education Coordinating Board, 978 San Jacinto College