According to the Legislative Budget Board (LBB), SB 1241 has no significant fiscal implications for the state. Any costs arising from the implementation of the bill, including the mandated study conducted by the Texas Higher Education Coordinating Board, could be managed within existing resources without requiring additional funding.
Similarly, the bill is anticipated to have no significant financial impact on local government entities. This indicates that neither state nor local budgets will require adjustments or additional appropriations specifically to accommodate the provisions of SB 1241.
Texas Policy Research recommends that lawmakers vote YES on SB 1241. The bill effectively addresses concerns about relying exclusively on SAT and ACT exams by broadening acceptable college entrance exams, thus increasing flexibility and educational choice for Texas students. This allows for the inclusion of alternative assessments, such as the Classic Learning Test (CLT), better reflecting diverse educational philosophies and approaches valued by many Texans.
Though the bill modestly increases government responsibilities through additional rulemaking authority granted to the Texas Higher Education Coordinating Board (THECB), the Legislative Budget Board has indicated no significant fiscal impacts or increased burdens on taxpayers. Additionally, the bill does not add regulatory obligations for individuals or businesses; instead, it potentially reduces regulatory constraints on students by offering more choices in admissions criteria.
Balancing these considerations, the bill aligns positively with promoting competition, educational flexibility, and responsiveness to student and institutional needs, without substantial fiscal or regulatory downsides.