82R7918 JRJ-D By: Ellis S.B. No. 1067 A BILL TO BE ENTITLED AN ACT relating to funding the TEXAS grant program at public institutions of higher education. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 56.310, Education Code, is amended by adding Subsection (d) to read as follows: (d) An eligible institution may solicit and accept gifts, grants, and donations from any public or private source for the purpose of awarding a TEXAS grant under this subchapter to a person enrolled in the institution. The institution may develop and implement an appropriate process for the naming and sponsoring of an individual grant awarded under this subchapter to a person enrolled in the institution or any gift, grant, or donation received by the institution under this subsection. 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, 2011.