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LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION

March 23, 2021

TO:	Honorable Brandon Creighton, Chair, Senate Committee on Higher Education
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB447 by Springer (Relating to the transfer of Midwestern State University to the Texas Tech University System, to certain fees charged by that system's governing board, and to mandatory venue for actions brought against that system or its institution, officers, or employees.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would transfer Midwestern State University, which is currently an independent institution, to the Texas Tech University System. The bill modifies various Education Code provisions relating to Midwestern State University, including tuition revenue bonds and the Higher Education Fund. It is assumed that the transfer would be implemented within existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

347 Public Finance Authority, 735 Midwestern State University, 768 Texas Tech Univ Sys Admin, 781 Higher Education Coordinating Board

LBB Staff:

JMc, LBO, JSM, GO