Texas 2009 - 81st Regular

Texas Senate Bill SR1073 Latest Draft

Bill / Enrolled Version Filed 02/01/2025

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                            By: Zaffirini S.R. No. 1073


 SENATE RESOLUTION
 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 No. 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.
  _______________________________
  President of the Senate
  I hereby certify that the
  above Resolution was adopted by
  the Senate on May 31, 2009.
  _______________________________
  Secretary of the Senate