Fiscal Note
HB0082 - Teacher Mortgage Loan Program
State Impact:
Enactment of this bill will appropriate $1,500,000 from the General Fund to the State Board of Education to implement and administer the Teacher Mortgage Loan Program. It is assumed that any administrative costs are included in the appropriation.
| Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
| General 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:
This bill would help individual teachers who participate in the Teacher Mortgage Loan Program to purchase a home.
| 1/26/2009, 11:01:26 AM, Lead Analyst: Lee, P.W. | Office of the Legislative Fiscal Analyst |