Texas 2021 - 87th 2nd C.S.

Texas House Bill HJR24

Caption

Proposing a constitutional amendment reducing The University of Texas System's share of the income and other benefits of the permanent university fund, transferring to the national research university fund and general revenue fund a portion of the annual distribution made from the permanent university fund to the available university fund, and dedicating the portion transferred to the general revenue fund to provide for the support and maintenance of public institutions of higher education.

Impact

If enacted, this amendment is expected to redistribute financial resources within Texas's higher education framework. By reallocating funds to the General Revenue Fund, the bill may enhance funding opportunities for other public universities not part of the University of Texas or Texas A&M systems. This change aims to foster educational equity by allowing for a more stable and predictable funding stream for a broader range of higher education institutions, thus potentially strengthening the overall quality and accessibility of public higher education in Texas.

Summary

HJR24 proposes a constitutional amendment aimed at altering the distribution of the Permanent University Fund (PUF) in Texas. Specifically, the bill seeks to reduce The University of Texas System's share of income and benefits derived from the PUF. Instead, the proposed amendment would channel a portion of the annual distribution from the PUF to both the National Research University Fund and the General Revenue Fund. The ultimate goal is to ensure adequate support and maintenance for public institutions of higher education across the state, thereby expanding resource availability beyond just the institutions within The University of Texas System.

Contention

Debate surrounding HJR24 is anticipated, especially among stakeholders from The University of Texas System and other higher education institutions. Proponents argue that the bill addresses funding disparities and supports the establishment of other universities in Texas, which could lead to increased competition and improvement in academic standards. Conversely, opponents may view the amendment as a threat to the financial stability of The University of Texas System, which has historically relied on the PUF for a significant portion of its funding. This tension between institutional interests and broader educational equity will likely be a focal point of discussion during legislative proceedings.

Companion Bills

TX SJR14

Same As Proposing a constitutional amendment reducing The University of Texas System's share of the income and other benefits of the permanent university fund, transferring to the national research university fund and general revenue fund a portion of the annual distribution made from the permanent university fund to the available university fund, and dedicating the portion transferred to the general revenue fund to provide for the support and maintenance of public institutions of higher education.

Previously Filed As

TX HJR189

Proposing a constitutional amendment reducing The University of Texas System's share of the income and other benefits of the permanent university fund, transferring to the national research university fund and general revenue fund a portion of the annual distribution made from the permanent university fund to the available university fund, appropriating the portion transferred to the national research university fund, and dedicating the portion transferred to the general revenue fund to provide for the support and maintenance of public institutions of higher education.

TX SJR26

Proposing a constitutional amendment to entitle all component institutions of The Texas A&M University System and The University of Texas System to participate in the income and other benefits of the permanent university fund.

TX SJR49

Proposing a constitutional amendment creating a university research fund to support emerging research universities in The University of Texas System or The Texas A&M University System and disqualifying all component institutions of those university systems from receiving money from the national research university fund.

TX SJR69

Proposing a constitutional amendment dedicating to the national research university fund a portion of certain income from the lease for oil and gas exploration of land dedicated to the permanent university fund.

TX SB19

Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy; redesignating the national research university fund as the Texas University Fund.

TX HJR3

Proposing a constitutional amendment relating to the Texas University Fund, which provides funding to certain institutions of higher education to achieve national prominence as major research universities and drive the state economy.

TX SJR5

Proposing a constitutional amendment relating to the Texas University Fund, which provides funding to certain institutions of higher education to achieve national prominence as major research universities and drive the state economy.

TX SB1058

Relating to the university research fund and eligibility to receive money from the national research university fund.

TX SJR81

Proposing a constitutional amendment providing for the creation of funds to support the capital needs of educational programs offered by the Texas State Technical College System and certain component institutions of the Texas State University System and repealing the limitation on the allocation to the Texas State Technical College System and its campuses of the annual appropriation of certain constitutionally dedicated funding for public institutions of higher education.

TX SB1055

Relating to the creation of a new university in Nacogdoches, Texas, within The University of Texas System and the allocation of the annual constitutional appropriation to certain agencies and institutions of higher education; abolishing Stephen F. Austin State University.

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