By: Shapleigh S.B. No. 1603
A BILL TO BE ENTITLED
AN ACT
relating to requiring financial disclosure concerning reports
prepared by public institutions of higher education for other
entities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter Z, Chapter 51, Education Code, is
amended by adding Section 51.955 to read as follows:
Sec. 51.955. REQUIRED DISCLOSURE OF PAYMENT FOR REPORTS.
(a) An institution of higher education, as defined by Section
61.003, that receives payment from another entity to conduct
research, analysis, a survey, or other academic, scientific, or
technical work and prepare a report of that work shall, not later
than December 1 of each year, report to the Texas Higher Education
Coordinating Board the following:
(1) a statement that the institution received payment
to conduct the work and prepare the report;
(2) the identity of the entity providing the payment;
and
(3) the amount of the payment.
(b) The coordinating board shall make the information
provided by an institution of higher education in the institution's
annual report available to the public on the coordinating board's
Internet website. The coordinating board by rule shall establish
criteria for excluding information from the website that relates to
an issue of national security, and may not make that information
available to the public on the website.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2009.