Honorable Brandon Creighton, Chair, Senate Committee on Education K-16
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1032 by Kolkhorst (relating to the eligibility of postsecondary educational institutions to participate in the governor ’s university research initiative.), Committee Report 1st House, Substituted
The fiscal implications of the bill cannot be determined due to the unknown number of grant applications and appropriations made for this purpose.
The bill would amend the Education Code to include private or independent institutions of higher education as eligible institutions to receive matching funding from the General Revenue-Dedicated Account No. 5161 Governor's University Research Initiative.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
300 Trusteed Programs Within the Office of the Governor