Texas 2011 - 82nd Regular

Texas Senate Bill SB1047 Compare Versions

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11 By: Jackson S.B. No. 1047
22 (J. Davis of Harris)
33
44
55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the eligibility of an innovation and commercialization
88 organization associated with the Lyndon B. Johnson Space Center to
99 receive funding from the Texas emerging technology fund.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Section 490.001, Government Code, is amended by
1212 adding Subdivision (5) to read as follows:
1313 (5) "Research institution" means:
1414 (A) a public institution of higher education; or
1515 (B) an innovation and commercialization
1616 organization associated with the Lyndon B. Johnson Space Center of
1717 the National Aeronautics and Space Administration.
1818 SECTION 2. Subsection (a), Section 490.151, Government
1919 Code, is amended to read as follows:
2020 (a) Amounts allocated from the fund for use as provided by
2121 this subchapter shall be reserved for incentives for private or
2222 nonprofit entities to collaborate with research institutions in
2323 this state [public] or private institutions of higher education in
2424 this state on emerging technology projects with a demonstrable
2525 economic benefit to this state.
2626 SECTION 3. Section 490.251, Government Code, is amended to
2727 read as follows:
2828 Sec. 490.251. USE OF MONEY FOR ACQUISITION OF RESEARCH
2929 SUPERIORITY. Amounts allocated from the fund for use as provided by
3030 this subchapter shall be used to acquire new or enhance existing
3131 research superiority at research [public] institutions [of higher
3232 education] in this state.
3333 SECTION 4. Section 490.252, Government Code, is amended to
3434 read as follows:
3535 Sec. 490.252. RESEARCH SUPERIORITY. For purposes of this
3636 subchapter, the employment by a research [an] institution [of
3737 higher education] of one or more world-class or nationally
3838 recognized researchers and associated assistants in an industry
3939 eligible to receive funding under Section 490.003 is considered
4040 "research superiority."
4141 SECTION 5. Subsection (a), Section 490.253, Government
4242 Code, is amended to read as follows:
4343 (a) The committee shall review and consider proposals by
4444 research [public] institutions [of higher education] for:
4545 (1) creating new research superiority;
4646 (2) attracting existing research superiority from
4747 institutions not located in this state and other research entities;
4848 or
4949 (3) enhancing existing research superiority by
5050 attracting from outside this state additional researchers and
5151 resources.
5252 SECTION 6. Subsection (a), Section 490.256, Government
5353 Code, is amended to read as follows:
5454 (a) A research [An] institution [of higher education] may
5555 not knowingly attempt to attract an individual key researcher or
5656 research superiority identified for consideration for funding by
5757 another research institution in this state or a [public or] private
5858 institution of higher education in this state under this
5959 subchapter.
6060 SECTION 7. Subsection (a), Section 490.257, Government
6161 Code, is amended to read as follows:
6262 (a) A research [public] institution [of higher education]
6363 must document specific benefits that this state may expect to gain
6464 as a result of attracting the research superiority before the
6565 institution may enter into a contract to receive funding or
6666 incentives under this subchapter.
6767 SECTION 8. This Act takes effect immediately if it receives
6868 a vote of two-thirds of all the members elected to each house, as
6969 provided by Section 39, Article III, Texas Constitution. If this
7070 Act does not receive the vote necessary for immediate effect, this
7171 Act takes effect September 1, 2011.