81R1264 KEL-D
By: Oliveira H.J.R. No. 2
A JOINT RESOLUTION
proposing a constitutional amendment to entitle The University of
Texas at Brownsville to participate in the income and other
benefits of the permanent university fund.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 18, Article VII, Texas Constitution, is
amended by amending Subsection (b) and adding Subsection (b-1) to
read as follows:
(b) The Board of Regents of The University of Texas System
may issue bonds and notes not to exceed a total amount of 20 percent
of the cost value of investments and other assets of the permanent
university fund (exclusive of real estate) at the time of issuance
thereof, and may pledge all or any part of its two-thirds interest
in the available university fund to secure the payment of the
principal and interest of those bonds and notes, for the purpose of
acquiring land either with or without permanent improvements,
constructing and equipping buildings or other permanent
improvements, major repair and rehabilitation of buildings and
other permanent improvements, acquiring capital equipment and
library books and library materials, and refunding bonds or notes
issued under this section or prior law, at or for The University of
Texas System administration and the following component
institutions of the system:
(1) The University of Texas at Arlington;
(2) The University of Texas at Austin;
(3) The University of Texas at Brownsville;
(4) The University of Texas at Dallas;
(5) [(4)] The University of Texas at El Paso;
(6) [(5)] The University of Texas of the Permian
Basin;
(7) [(6)] The University of Texas at San Antonio;
(8) [(7)] The University of Texas at Tyler;
(9) [(8)] The University of Texas Southwestern
Medical [Health Science] Center at Dallas;
(10) [(9)] The University of Texas Medical Branch at
Galveston;
(11) [(10)] The University of Texas Health Science
Center at Houston;
(12) [(11)] The University of Texas Health Science
Center at San Antonio;
(13) [(12)] The University of Texas M. D. Anderson
[System] Cancer Center;
(14) [(13)] The University of Texas Health Center at
Tyler; and
(15) [(14)] The University of Texas Institute of Texan
Cultures at San Antonio.
(b-1) In applying a portion of its two-thirds interest in
the available university fund to the payment of the principal of and
interest on bonds and notes issued under Subsection (b) of this
section for the benefit of The University of Texas at Brownsville,
the Board of Regents of The University of Texas System shall include
sufficient funds to pay the principal of and interest on all bonds
and notes, including refunding bonds and notes, previously issued
for the benefit of that university under Section 17(b) of this
article.
SECTION 2. Section 17(b), Article VII, Texas Constitution,
is amended to read as follows:
(b) The funds appropriated under Subsection (a) of this
section shall be for the use of the following eligible agencies and
institutions of higher education (even though their names may be
changed):
(1) East Texas State University including East Texas
State University at Texarkana;
(2) Lamar University including Lamar University at
Orange and Lamar University at Port Arthur;
(3) Midwestern State University;
(4) University of North Texas;
(5) The University of Texas--Pan American [including
The University of Texas at Brownsville];
(6) Stephen F. Austin State University;
(7) Texas College of Osteopathic Medicine;
(8) Texas State University System Administration and
the following component institutions:
(9) Sam Houston State University;
(10) Southwest Texas State University;
(11) Sul Ross State University including Uvalde Study
Center;
(12) Texas Southern University;
(13) Texas Tech University;
(14) Texas Tech University Health Sciences Center;
(15) Angelo State University;
(16) Texas Woman's University;
(17) University of Houston System Administration and
the following component institutions:
(18) University of Houston;
(19) University of Houston--Victoria;
(20) University of Houston--Clear Lake;
(21) University of Houston--Downtown;
(22) Texas A&M University--Corpus Christi;
(23) Texas A&M International University;
(24) Texas A&M University--Kingsville;
(25) West Texas A&M University; and
(26) Texas State Technical College System and its
campuses, but not its extension centers or programs.
SECTION 3. Article VII, Texas Constitution, is amended by
adding Section 17A to read as follows:
Sec. 17A. (a) The transfer of The University of Texas at
Brownsville from Section 17 of this article to Section 18 of this
article by the constitutional amendment proposed by the 81st
Legislature, Regular Session, 2009, applies beginning with the
state fiscal year that begins September 1, 2010.
(b) Beginning with the state fiscal year that begins
September 1, 2010, the funds allocated as provided by Section 17(d)
of this article to The University of Texas at Brownsville shall be
allocated to the other agencies and institutions eligible to
receive funds under Section 17 of this article in proportion to the
other funds allocated to those agencies and institutions as
provided by Section 17(d) of this article, until the legislature or
designated agency eliminates The University of Texas at Brownsville
from the formula and allocations made under Section 17(d) of this
article.
(c) This section expires September 1, 2017.
SECTION 4. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 3, 2009.
The ballot shall be printed to permit voting for or against the
following proposition: "The constitutional amendment to entitle
The University of Texas at Brownsville to participate in the income
and other benefits of the permanent university fund."