SB 0041 - Fiscal Note

Fiscal Note - SB 0041 - Revises Lincoln University Board of Curators

COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION

FISCAL NOTE

L.R. NO.: 273-01

BILL NO.: SB 41

SUBJECT: Education, Higher: LU Board of Curators

TYPE: Original

DATE: December 22, 1998

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FISCAL SUMMARY

ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
None	$0	$0	$0
Total Estimated Net Effect on All State Funds	$0	$0	$0

ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
None	$0	$0	$0
Total Estimated Net Effect on All Federal Funds	$0	$0	$0

ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
Local Government	$0	$0	$0

Numbers within parentheses: ( ) indicate costs or losses

This fiscal note contains 3 pages.

FISCAL ANALYSIS

ASSUMPTION

Officials from the Coordinating Board for Higher Education (CBHE) assume geographic requirements on board appointments would not have a fiscal impact on the CBHE. They assume that the student representative's expenses could be covered with existing resources.

FISCAL IMPACT - State Government	FY 2000	FY 2001	FY 2002
	(10 Mo.)
	0	0	0
FISCAL IMPACT - Local Government	FY 2000	FY 2001	FY 2002
	(10 Mo.)
	0	0	0
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.

DESCRIPTION

The proposal would require that no more than one person appointed to the Board of Curators of Lincoln University be from the same congressional district.

The student representative while attending meetings of the board would receive actual expenses paid out of ordinary revenues of the university.

This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.

SOURCES OF INFORMATION

Coordinating Board For Higher Education

NOT RESPONDING: Lincoln University

Jeanne Jarrett, CPA

Director

December 22, 1998