Texas 2009 81st Regular

Texas Senate Bill SR1073 Introduced / Bill

Filed 02/01/2025

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                    81R38444 KSD-D
 By: Zaffirini S.R. No. 1073


 R E S O L U T I O N
 BE IT RESOLVED by the Senate of the State of Texas, 81st
 Legislature, Regular Session, 2009, That Senate Rule 12.03 be
 suspended in part as provided by Senate Rule 12.08 to enable the
 conference committee appointed to resolve the differences on House
 Bill 51 (measures to enhance and maintain the quality of state
 universities, including funding and incentives to support emerging
 public research universities, to the abolition of the higher
 education fund, to the institutional groupings under the Texas
 Higher Education Coordinating Board's accountability system, to
 the independent status of Lamar Institute of Technology, to
 research conducted by public universities and other state entities,
 and to the authorization of revenue bonds for certain institutions
 of higher education) to consider and take action on the following
 matter:
 Senate Rule 12.03(4) is suspended to permit the committee to
 add the following new SECTIONS to the bill:
 SECTION 2. Subchapter B, Chapter 55, Education Code, is
 amended by adding Sections 55.1771 and 55.17721 to read as follows:
 Sec. 55.1771.  TEXAS A&M UNIVERSITY AT GALVESTON.  (a)  In
 addition to the other authority granted by this subchapter and
 subject to the other provisions of this section, the board of
 regents of The Texas A&M University System may acquire, purchase,
 construct, improve, renovate, enlarge, or equip property,
 buildings, structures, facilities, roads, or related
 infrastructure for Texas A&M University at Galveston for an erosion
 control breakwater, a dock, or any other related purpose reasonably
 necessary to assist the institution to recover from any damage or
 other impact caused by Hurricane Ike, to be financed by the issuance
 of bonds in accordance with this subchapter, including bonds issued
 in accordance with a systemwide revenue financing program and
 secured as provided by that program, in an aggregate principal
 amount not to exceed $5 million.
 (b)  The board of regents may pledge irrevocably to the
 payment of the bonds authorized by this section all or any part of
 the revenue funds of an institution, branch, or entity of The Texas
 A&M University System, including student tuition charges. The
 amount of a pledge made under this subsection may not be reduced or
 abrogated while the bonds for which the pledge is made, or bonds
 issued to refund those bonds, are outstanding.
 (c)  If sufficient funds are not available to the board of
 regents to meet its obligations under this section, the board may
 transfer funds among institutions, branches, and entities of The
 Texas A&M University System to ensure the most equitable and
 efficient allocation of available resources for each institution,
 branch, or entity to carry out its duties and purposes.
 Sec. 55.17721.  THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT
 GALVESTON. (a)  In addition to the other authority granted by this
 subchapter and subject to the other provisions of this section, the
 board of regents of The University of Texas System may acquire,
 purchase, construct, improve, renovate, enlarge, or equip
 property, buildings, structures, facilities, roads, or related
 infrastructure for The University of Texas Medical Branch at
 Galveston for any purpose reasonably necessary to assist the
 institution to recover from any damage or other impact caused by
 Hurricane Ike, to be financed by the issuance of bonds in accordance
 with this subchapter, including bonds issued in accordance with a
 systemwide revenue financing program and secured as provided by
 that program, in an aggregate principal amount not to exceed $150
 million.
 (b)  The board may pledge irrevocably to the payment of the
 bonds authorized by this section all or any part of the revenue
 funds of an institution, branch, or entity of The University of
 Texas System, including student tuition charges. The amount of a
 pledge made under this subsection may not be reduced or abrogated
 while the bonds for which the pledge is made, or bonds issued to
 refund those bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of The University
 of Texas System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  Any transfer of funds to the board pursuant to an
 appropriation of state funds to the board or The University of Texas
 Medical Branch at Galveston for the purpose of reimbursing the
 board for all or part of the debt service on bonds issued under this
 section is subject to the prior approval of the Legislative Budget
 Board. In determining whether to approve a transfer of state funds
 for that purpose, the Legislative Budget Board shall consider:
 (1)  whether the commissioners court of the county in
 which the medical branch is located has entered into an agreement
 with the board under which the county agrees to reimburse the board
 for all or part of any otherwise unreimbursed costs incurred by the
 medical branch to provide health care services to individuals who
 are residents of the county and whose net family income is not more
 than 100 percent of the federal poverty level; or
 (2)  whether the county in which the medical branch is
 located or a hospital district that includes that county imposes an
 ad valorem tax for health care purposes.
 (e)  For purposes of Subsection (d), the county of residence
 of an individual is determined in the same manner as provided by
 Chapter 61, Health and Safety Code.
 SECTION 3. Section 61.0572(e), Education Code, is amended
 to read as follows:
 (e) Approval of the board is not required to acquire real
 property that is financed by bonds issued under Section 55.17(e)(3)
 or (4), 55.1713-55.1718, 55.1721-55.1728, 55.1735(a)(1), 55.174,
 55.1742, 55.1743, 55.1744, 55.1751-55.17592, [or] 55.1768,
 55.1771, or 55.17721, except that the board shall review all real
 property to be financed by bonds issued under those sections to
 determine whether the property meets the standards adopted by the
 board for cost, efficiency, and space use. If the property does not
 meet those standards, the board shall notify the governor, the
 lieutenant governor, the speaker of the house of representatives,
 and the Legislative Budget Board.
 SECTION 4. Section 61.058(b), Education Code, is amended to
 read as follows:
 (b) This section does not apply to construction, repair, or
 rehabilitation financed by bonds issued under Section 55.17(e)(3)
 or (4), 55.1713-55.1718, 55.1721-55.1728, 55.174, 55.1742,
 55.1743, 55.1744, 55.1751-55.17592, [or] 55.1768, 55.1771, or
 55.17721, except that the board shall review all construction,
 repair, or rehabilitation to be financed by bonds issued under
 those sections to determine whether the construction,
 rehabilitation, or repair meets the standards adopted by board rule
 for cost, efficiency, and space use. If the construction,
 rehabilitation, or repair does not meet those standards, the board
 shall notify the governor, the lieutenant governor, the speaker of
 the house of representatives, and the Legislative Budget Board.
 Explanation: This addition is necessary to enable the
 governing boards of Texas A&M University at Galveston and The
 University of Texas Medical Branch at Galveston to issue tuition
 revenue bonds to finance capital improvements at those institutions
 that are reasonably necessary to assist the institutions in
 recovering from any damage or other impact caused by Hurricane Ike.