Bill
HB 2848
84(R) - 2015
House Higher Education
House Higher Education
Higher Education
Vote Recommendation
No
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Neutral
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Neutral
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Neutral
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Negative
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Neutral
Author(s)
Myra Crownover
Co-Author(s)
Dustin Burrows
Travis Clardy
Drew Darby
Dan Flynn
John Frullo
Donna Howard
James Keffer
Richard Raymond
Bill Caption
Relating
to the amount and allocation of the annual constitutional appropriation
to certain agencies and institutions of higher education.
Fiscal Notes
Estimated Two-year Net Impact to General Revenue Related Funds
for HB2848, Committee Report 1st House, Substituted: a negative impact
of ($262,500,000) through the biennium ending August 31, 2017, assuming
the funding contingency is met; if it is not met, the bill would have no
fiscal impact.
Local Government
No fiscal implication to local government.
Bill Analysis
HB 2848 would reallocate Higher Education Fund appropriations and authorize an increase in the annual constitutional appropriations from $262,500,000 each fiscal year to $393,750,000 each fiscal year. This would result in increased debt of approximately $130,000,000 each fiscal year.
Vote Recommendation Notes
This bill would abridge the principle of limited government, therefore
we oppose this legislation. Our principle of limited government can be
affected by an increase or decrease in spending. This is a significant
increase in spending for higher education and there is no compelling
reason for the increase. Increasing entitlements to schools does not
guarantee better performance or quality of education. There should be a
legitimate purpose for spending more money on higher education
institutions. This bill does not show that there is one.
We
would like to note that a bill that would have only reallocated spending
for higher education would have been acceptable. HB 2848, again, does
propose an increase in spending.