84R2266 AAF-D By: Clardy H.B. No. 1262 A BILL TO BE ENTITLED AN ACT relating to continuing eligibility requirements for institutions of higher education to participate in the Texas Science, Technology, Engineering, and Mathematics (T-STEM) Challenge Scholarship Program. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 61.9794(b), Education Code, is amended to read as follows: (b) To maintain eligibility, each year beginning with the third [second] year following implementation of a scholarship program under this subchapter, an institution must demonstrate to the board that at least 70 percent of the institution's most recent graduating class of T-STEM Challenge Scholarship award recipients for which the relevant information is available [graduates, within three months after graduation, are]: (1) have graduated with an associate degree [employed by a business] in a Science, Technology, Engineering, and Mathematics (STEM) field; or (2) within nine months after graduation, have: (A) enrolled in upper-division courses leading to a baccalaureate degree in a Science, Technology, Engineering, and Mathematics (STEM) field; or (B) become employed in this state as shown by the latest available Texas Workforce Commission quarterly employment data. SECTION 2. The Texas Higher Education Coordinating Board shall award scholarships under Subchapter GG, Chapter 61, Education Code, as amended by this Act, beginning with the 2015-2016 academic year. SECTION 3. This Act takes effect September 1, 2015.