83R1115 KEL-D
By: Zaffirini S.B. No. 30
A BILL TO BE ENTITLED
AN ACT
relating to the distribution of money appropriated from the
national research university fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 62.148(c), Education Code, is amended to
read as follows:
(c) Subject to Subsection (e), of the total amount
appropriated from the fund for distribution in a state fiscal year,
each eligible institution is entitled to a distribution in an
amount equal to the sum of:
(1) a fraction [one-seventh] of the total amount
appropriated, the numerator of which is one and the denominator of
which is the total number of general academic teaching institutions
that are at the time of the distribution designated as emerging
research universities under the coordinating board's
accountability system; and
(2) an equal share of any amount remaining after
distributions are calculated under Subdivision (1), not to exceed
an amount equal to one-fourth of that remaining amount.
SECTION 2. The change in law made by this Act to Section
62.148(c), Education Code, applies to money appropriated from the
national research university fund for each state fiscal year that
begins on or after September 1, 2013.
SECTION 3. This Act takes effect September 1, 2013.