Texas 2015 - 84th Regular

Texas Senate Bill SB464 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	84R6044 KSD-D
2	2	By: Nichols S.B. No. 464
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to eliminating provisions authorizing or requiring public
8	8	institutions of higher education to set aside portions of tuition
9	9	for student financial assistance and other purposes.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 52.91(c), Education Code, is amended to
12	12	read as follows:
13	13	(c) The board shall repay bonds issued by the board to fund
14	14	the Texas B-On-time student loan program using legislative
15	15	appropriations and money collected by the board as repayment for
16	16	Texas B-On-time student loans awarded by the board. [The board may
17	17	use tuition set aside under Section 56.465 to repay bonds issued by
18	18	the board for the Texas B-On-time student loan program.] The board
19	19	may not use money collected by the board as repayment for student
20	20	loans awarded by the board under Subchapter C to repay bonds issued
21	21	by the board for the Texas B-On-time student loan program under
22	22	Section 56.464(b).
23	23	SECTION 2. Sections 56.033(a) and (e), Education Code, are
24	24	amended to read as follows:
25	25	(a) To award Texas Public Educational Grants, the [The]
26	26	governing board of each institution of higher education, including
27	27	the Texas State Technical College System, may use legislative
28	28	appropriations or other funds available to the institution [shall
29	29	cause to be set aside:
30	30	[(1) not less than 15 percent nor more than 20 percent
31	31	out of each resident student's tuition charge under Section 54.051
32	32	as provided by the General Appropriations Act for the applicable
33	33	academic year;
34	34	[(2) three percent out of each nonresident student's
35	35	tuition charge under Section 54.051;
36	36	[(3) not less than six percent nor more than 20 percent
37	37	out of each resident student's hourly tuition charge exclusive of
38	38	out-of-district charges, and $1.50 out of each nonresident
39	39	student's hourly tuition charge, for academic courses at a public
40	40	community or junior college; and
41	41	[(4) not less than six percent nor more than 20 percent
42	42	of hourly tuition charges exclusive of out-of-district charges for
43	43	vocational-technical courses at a public community or junior
44	44	college].
45	45	(e) To supplement the money described by [set aside under]
46	46	Subsection (a), the governing board of an institution of higher
47	47	education may use money received by the institution from the fee for
48	48	issuance of collegiate license plates under Section 504.615,
49	49	Transportation Code, for awarding Texas Public Educational Grants.
50	50	[The board may use the money to award grants to both resident and
51	51	nonresident students, except that the board shall give priority to
52	52	grants for resident students. Notwithstanding Subsection (b), the
53	53	board may not use the money for emergency loans under Subchapter D.]
54	54	SECTION 3. Subchapter C, Chapter 56, Education Code, is
55	55	amended by adding Section 56.0335 to read as follows:
56	56	Sec. 56.0335. GRANTS AVAILABLE TO RESIDENT AND NONRESIDENT
57	57	STUDENTS; LIMITED PRIORITY. The governing board of an institution
58	58	of higher education may award grants to both resident and
59	59	nonresident students, except that the board shall give priority to
60	60	resident students in awarding grants from money from license plate
61	61	fees described by Section 56.033(e).
62	62	SECTION 4. Section 56.054, Education Code, is amended to
63	63	read as follows:
64	64	Sec. 56.054. SOURCE OF PROGRAM FUNDING. The loans may
65	65	[shall] be made from legislative appropriations or from other funds
66	66	available to the institution [the funds set aside for that purpose
67	67	under Section 56.033 of this code].
68	68	SECTION 5. The heading to Section 56.095, Education Code,
69	69	is amended to read as follows:
70	70	Sec. 56.095. FUNDING[; LIMITATION ON FUNDING].
71	71	SECTION 6. Section 56.095, Education Code, is amended by
72	72	amending Subsections (a) and (c) and adding Subsection (a-1) to
73	73	read as follows:
74	74	(a) The doctoral incentive loan repayment program may be
75	75	funded with legislative appropriations and other money available to
76	76	the coordinating board for purposes of this subchapter [only from a
77	77	source provided by this section].
78	78	(a-1) The total amount of loan repayment assistance paid
79	79	under the program may not exceed the amount of money available for
80	80	purposes of [the program under] this subchapter [section].
81	81	(c) The coordinating board may solicit and accept gifts and
82	82	grants from any public or private source for [the] purposes of this
83	83	subchapter [the doctoral incentive loan repayment program].
84	84	SECTION 7. Section 56.463(a), Education Code, is amended to
85	85	read as follows:
86	86	(a) The Texas B-On-time student loan account is an account
87	87	in the general revenue fund. The account consists of:
88	88	(1) gifts and grants and legislative appropriations
89	89	received under Section 56.464;[, tuition set aside under Section
90	90	56.465,] and
91	91	(2) other money required by law to be deposited in the
92	92	account.
93	93	SECTION 8. Section 61.5391(a), Education Code, is amended
94	94	to read as follows:
95	95	(a) The physician education loan repayment program account
96	96	is an account in the general revenue fund. The account is composed
97	97	of:
98	98	(1) gifts and grants contributed to the account;
99	99	(2) earnings on the principal of the account; and
100	100	(3) other amounts deposited to the credit of the
101	101	account, including:
102	102	(A) money deposited under Section [61.539(b) or]
103	103	61.5392;
104	104	(B) legislative appropriations; and
105	105	(C) money deposited under Section 155.2415, Tax
106	106	Code.
107	107	SECTION 9. Section 61.909, Education Code, is amended to
108	108	read as follows:
109	109	Sec. 61.909. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
110	110	total amount of repayment assistance distributed by the board under
111	111	this subchapter may not exceed the total amount of gifts and grants
112	112	accepted by the board for repayment assistance, [dental school
113	113	tuition set aside under Section 61.910,] legislative
114	114	appropriations for repayment assistance, and other funds available
115	115	to the board for purposes of this subchapter.
116	116	SECTION 10. Section 61.9659, Education Code, is amended to
117	117	read as follows:
118	118	Sec. 61.9659. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
119	119	total amount of repayment assistance distributed by the board under
120	120	this subchapter may not exceed the total amount of gifts and grants
121	121	accepted by the board for repayment assistance, [tuition set aside
122	122	under Section 61.9660,] legislative appropriations for repayment
123	123	assistance, and other funds available to the board for purposes of
124	124	this subchapter.
125	125	SECTION 11. Section 61.9730, Education Code, is amended to
126	126	read as follows:
127	127	Sec. 61.9730. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
128	128	total amount of repayment assistance distributed by the board under
129	129	this subchapter may not exceed the total amount of gifts, grants,
130	130	and donations accepted by the board for repayment assistance,
131	131	legislative appropriations for repayment assistance, and other
132	132	funds available to the board for purposes of this subchapter [and
133	133	tuition set aside under Section 61.9731].
134	134	SECTION 12. The following provisions of the Education Code
135	135	are repealed:
136	136	(1) Section 54.0513(e);
137	137	(2) Subchapter B, Chapter 56;
138	138	(3) Sections 56.033(b), (c), and (d);
139	139	(4) Sections 56.036, 56.037, 56.038, and 56.039;
140	140	(5) Section 56.459(f);
141	141	(6) Section 56.465;
142	142	(7) Section 61.539;
143	143	(8) Section 61.910;
144	144	(9) Section 61.9660; and
145	145	(10) Sections 61.9731 and 61.9732.
146	146	SECTION 13. (a) The change in law made by this Act applies
147	147	beginning with tuition charged for the 2015 fall semester.
148	148	(b) Tuition charged for any semester or other academic term
149	149	before the 2015 fall semester is covered by the applicable law as it
150	150	existed before the effective date of this Act, and the former law is
151	151	continued in effect for that purpose.
152	152	SECTION 14. This Act takes effect immediately if it
153	153	receives a vote of two-thirds of all the members elected to each
154	154	house, as provided by Section 39, Article III, Texas Constitution.
155	155	If this Act does not receive the vote necessary for immediate
156	156	effect, this Act takes effect September 1, 2015.