Fiscal Note
HB0416S01 - Teacher Loan Program
State Impact:
Enactment of this bill will appropriate $1,500,000 in on-going Uniform School Fund revenues beginning in FY 2008 to the State Board of Education to implement and administer the Teacher Loan Program created in this bill. It is assumed that any administrative costs are included in this appropriation.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| Uniform School Fund | $0 | $1,500,000 | $1,500,000 | $0 | $0 | $0 |
| Total | $0 | $1,500,000 | $1,500,000 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for business and local districts. Individuals may benefit with the assistance of purchasing of a home.
| 2/22/2007, 11:51:40 AM, Lead Analyst: Schoenfeld, J.D. | Office of the Legislative Fiscal Analyst |