By: Howard H.B. No. 3577
A BILL TO BE ENTITLED
AN ACT
relating to the distribution of funds under the Texas Educational
Opportunity Grant Program.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 56.403, Education Code, is amended to
read as follows:
(e) From money appropriated by the Legislature for the
purposes of this subchapter, the coordinating board annually shall
determine the allocation of money available for initial grants
among eligible institutions and shall distribute accordingly.
(e-1) In allocating among eligible institutions money
available for initial grants for an academic year, the coordinating
board shall establish the amount of funds eligible for the public
state colleges and public technical institutes as eight percent of
the total amount appropriated.
SECTION 2. This Act takes effect
September 1, 2015.