Texas 2011 82nd Regular

Texas Senate Bill SB1304 Comm Sub / Bill

                    82R29606 KJM-D
 By: Rodriguez S.B. No. 1304
 (Castro)
 Substitute the following for S.B. No. 1304:  No.


 A BILL TO BE ENTITLED
 AN ACT
 relating to requiring financial disclosure concerning reports
 prepared by public institutions of higher education for for-profit
 entities.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Subchapter Z, Chapter 51, Education Code, is
 amended by adding Section 51.955 to read as follows:
 Sec. 51.955.  REQUIRED DISCLOSURE OF PAYMENT FOR REPORTS
 PREPARED FOR FOR-PROFIT ENTITIES. (a)  An institution of higher
 education, as defined by Section 61.003, that contracts with a
 for-profit entity for the institution, in return for payment from
 the entity, to conduct research, analysis, a survey, or other
 academic, scientific, or technical work and prepare a report of
 that work shall include in the report:
 (1)  a statement that the institution received payment
 to conduct the work and prepare the report; and
 (2)  the identity of the entity providing the payment.
 (b)  This section does not apply to research, analysis, a
 survey, or other academic, scientific, or technical work that:
 (1)  is publicly funded by a governmental entity,
 including any funding received through pass-through funding; or
 (2)  is performed under any agreement executed before
 September 1, 2011, regardless of the source of the funding.
 SECTION 2.  This Act takes effect September 1, 2011.