1 | 1 | | By: Jackson S.B. No. 1047 |
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2 | 2 | | (J. Davis of Harris) |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | A BILL TO BE ENTITLED |
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6 | 6 | | AN ACT |
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7 | 7 | | relating to the eligibility of an innovation and commercialization |
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8 | 8 | | organization associated with the Lyndon B. Johnson Space Center to |
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9 | 9 | | receive funding from the Texas emerging technology fund. |
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10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 11 | | SECTION 1. Section 490.001, Government Code, is amended by |
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12 | 12 | | adding Subdivision (5) to read as follows: |
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13 | 13 | | (5) "Research institution" means: |
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14 | 14 | | (A) a public institution of higher education; or |
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15 | 15 | | (B) an innovation and commercialization |
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16 | 16 | | organization associated with the Lyndon B. Johnson Space Center of |
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17 | 17 | | the National Aeronautics and Space Administration. |
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18 | 18 | | SECTION 2. Subsection (a), Section 490.151, Government |
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19 | 19 | | Code, is amended to read as follows: |
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20 | 20 | | (a) Amounts allocated from the fund for use as provided by |
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21 | 21 | | this subchapter shall be reserved for incentives for private or |
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22 | 22 | | nonprofit entities to collaborate with research institutions in |
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23 | 23 | | this state [public] or private institutions of higher education in |
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24 | 24 | | this state on emerging technology projects with a demonstrable |
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25 | 25 | | economic benefit to this state. |
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26 | 26 | | SECTION 3. Section 490.251, Government Code, is amended to |
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27 | 27 | | read as follows: |
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28 | 28 | | Sec. 490.251. USE OF MONEY FOR ACQUISITION OF RESEARCH |
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29 | 29 | | SUPERIORITY. Amounts allocated from the fund for use as provided by |
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30 | 30 | | this subchapter shall be used to acquire new or enhance existing |
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31 | 31 | | research superiority at research [public] institutions [of higher |
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32 | 32 | | education] in this state. |
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33 | 33 | | SECTION 4. Section 490.252, Government Code, is amended to |
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34 | 34 | | read as follows: |
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35 | 35 | | Sec. 490.252. RESEARCH SUPERIORITY. For purposes of this |
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36 | 36 | | subchapter, the employment by a research [an] institution [of |
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37 | 37 | | higher education] of one or more world-class or nationally |
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38 | 38 | | recognized researchers and associated assistants in an industry |
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39 | 39 | | eligible to receive funding under Section 490.003 is considered |
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40 | 40 | | "research superiority." |
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41 | 41 | | SECTION 5. Subsection (a), Section 490.253, Government |
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42 | 42 | | Code, is amended to read as follows: |
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43 | 43 | | (a) The committee shall review and consider proposals by |
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44 | 44 | | research [public] institutions [of higher education] for: |
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45 | 45 | | (1) creating new research superiority; |
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46 | 46 | | (2) attracting existing research superiority from |
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47 | 47 | | institutions not located in this state and other research entities; |
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48 | 48 | | or |
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49 | 49 | | (3) enhancing existing research superiority by |
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50 | 50 | | attracting from outside this state additional researchers and |
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51 | 51 | | resources. |
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52 | 52 | | SECTION 6. Subsection (a), Section 490.256, Government |
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53 | 53 | | Code, is amended to read as follows: |
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54 | 54 | | (a) A research [An] institution [of higher education] may |
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55 | 55 | | not knowingly attempt to attract an individual key researcher or |
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56 | 56 | | research superiority identified for consideration for funding by |
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57 | 57 | | another research institution in this state or a [public or] private |
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58 | 58 | | institution of higher education in this state under this |
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59 | 59 | | subchapter. |
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60 | 60 | | SECTION 7. Subsection (a), Section 490.257, Government |
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61 | 61 | | Code, is amended to read as follows: |
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62 | 62 | | (a) A research [public] institution [of higher education] |
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63 | 63 | | must document specific benefits that this state may expect to gain |
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64 | 64 | | as a result of attracting the research superiority before the |
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65 | 65 | | institution may enter into a contract to receive funding or |
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66 | 66 | | incentives under this subchapter. |
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67 | 67 | | SECTION 8. This Act takes effect immediately if it receives |
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68 | 68 | | a vote of two-thirds of all the members elected to each house, as |
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69 | 69 | | provided by Section 39, Article III, Texas Constitution. If this |
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70 | 70 | | Act does not receive the vote necessary for immediate effect, this |
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71 | 71 | | Act takes effect September 1, 2011. |
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