81R11275 KSD-D By: Shapleigh S.B. No. 1524 A BILL TO BE ENTITLED AN ACT relating to a report regarding research funds received by public institutions of higher education or employees of those institutions from pharmaceutical companies. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter C, Chapter 61, Education Code, is amended by adding Section 61.0692 to read as follows: Sec. 61.0692. RESEARCH FUNDS RECEIVED BY INSTITUTIONS FROM PHARMACEUTICAL COMPANIES. (a) The board shall require each institution of higher education to report to the board not later than October 1 of each even-numbered year the amount of money received by the institution or by individual faculty or staff members of the institution from pharmaceutical companies in the two preceding state fiscal years in connection with research or related activities developed or conducted at the institution or at a research facility operated or administered by the institution. (b) Not later than the following December 1, the board shall prepare and submit to the presiding officer of each house of the legislature a written report based on the information received by the board under Subsection (a). (c) The board shall adopt rules for the administration of this section, including rules requiring faculty and staff members to disclose information required for an institution's report. SECTION 2. This Act takes effect September 1, 2009.