Supplement: TX HB3204 | 2021-2022 | 87th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas HB3204 please see the Bill Drafting List
Bill Title: Relating to the methods to achieve a college, career, or military outcomes bonus under the Foundation School Program.
Status: 2021-05-06 - Committee report sent to Calendars [HB3204 Detail]
Download: Texas-2021-HB3204-Fiscal_Note_Introduced_.html
Bill Title: Relating to the methods to achieve a college, career, or military outcomes bonus under the Foundation School Program.
Status: 2021-05-06 - Committee report sent to Calendars [HB3204 Detail]
Download: Texas-2021-HB3204-Fiscal_Note_Introduced_.html
| TO: |
Honorable Harold V. Dutton, Jr., Chair, House Committee on Public Education |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
HB3204 by Dutton (Relating to the methods to achieve a college, career, or military outcomes bonus under the Foundation School Program.), As Introduced |
Estimated Two-year Net Impact to General Revenue Related Funds for HB3204, As Introduced : a negative impact of ($123,284,236) through the biennium ending August 31, 2023.
The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill.
General Revenue-Related Funds, Five- Year Impact:
| Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
|---|---|
| 2022 | ($61,621,059) |
| 2023 | ($61,663,177) |
| 2024 | ($61,600,000) |
| 2025 | ($61,600,000) |
| 2026 | ($61,600,000) |
All Funds, Five-Year Impact:
| Fiscal Year | Probable Savings/(Cost) from General Revenue Fund 1 | Probable Savings/(Cost) from Foundation School Fund 193 |
|---|---|---|
| 2022 | ($21,059) | ($61,600,000) |
| 2023 | ($63,177) | ($61,600,000) |
| 2024 | $0 | ($61,600,000) |
| 2025 | $0 | ($61,600,000) |
| 2026 | $0 | ($61,600,000) |
Fiscal Analysis
The bill's provisions would allow for a high school graduate to qualify for the College Career Military Readiness (CCMR) outcomes bonus by reporting their employment at or above a minimum salary level, as established by commissioner rule. Based on commissioner rule, schools could award qualifying graduates a portion of the bonus.
Methodology
TEA estimates 14,000 additional graduates would qualify for a CCMR outcomes bonus in a given year, assuming a minimum salary level at or above the Texas living wage ($23,873). This would result in an annual $4,400 per graduate bonus or $61,600,000 statewide beginning in FY 2022.
TEA's cost estimate to implement data collection related to the salary and employment status of graduates to be $21,059 FY 2022 and $63,177 in FY 2023.
TEA's cost estimate to implement data collection related to the salary and employment status of graduates to be $21,059 FY 2022 and $63,177 in FY 2023.
Technology
TEA would need to collect and report on additional data related to the salary and employment status of graduates.
Local Government Impact
The bill's provisions would require districts to gather and report data on the salary and employment status of graduates. School districts and charter schools may generate additional funding if more graduates meet career readiness indicators. Additionally, schools would need to plan for providing a portion of the CCMR Outcome bonus to graduates who meet requirements.
| Source Agencies: | 701 Texas Education Agency |
| LBB Staff: | JMc, SL, AH |
