84R6044 KSD-D
By: Nichols S.B. No. 464
A BILL TO BE ENTITLED
AN ACT
relating to eliminating provisions authorizing or requiring public
institutions of higher education to set aside portions of tuition
for student financial assistance and other purposes.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 52.91(c), Education Code, is amended to
read as follows:
(c) The board shall repay bonds issued by the board to fund
the Texas B-On-time student loan program using legislative
appropriations and money collected by the board as repayment for
Texas B-On-time student loans awarded by the board. [The board may
use tuition set aside under Section 56.465 to repay bonds issued by
the board for the Texas B-On-time student loan program.] The board
may not use money collected by the board as repayment for student
loans awarded by the board under Subchapter C to repay bonds issued
by the board for the Texas B-On-time student loan program under
Section 56.464(b).
SECTION 2. Sections 56.033(a) and (e), Education Code, are
amended to read as follows:
(a) To award Texas Public Educational Grants, the [The]
governing board of each institution of higher education, including
the Texas State Technical College System, may use legislative
appropriations or other funds available to the institution [shall
cause to be set aside:
[(1) not less than 15 percent nor more than 20 percent
out of each resident student's tuition charge under Section 54.051
as provided by the General Appropriations Act for the applicable
academic year;
[(2) three percent out of each nonresident student's
tuition charge under Section 54.051;
[(3) not less than six percent nor more than 20 percent
out of each resident student's hourly tuition charge exclusive of
out-of-district charges, and $1.50 out of each nonresident
student's hourly tuition charge, for academic courses at a public
community or junior college; and
[(4) not less than six percent nor more than 20 percent
of hourly tuition charges exclusive of out-of-district charges for
vocational-technical courses at a public community or junior
college].
(e) To supplement the money described by [set aside under]
Subsection (a), the governing board of an institution of higher
education may use money received by the institution from the fee for
issuance of collegiate license plates under Section 504.615,
Transportation Code, for awarding Texas Public Educational Grants.
[The board may use the money to award grants to both resident and
nonresident students, except that the board shall give priority to
grants for resident students. Notwithstanding Subsection (b), the
board may not use the money for emergency loans under Subchapter D.]
SECTION 3. Subchapter C, Chapter 56, Education Code, is
amended by adding Section 56.0335 to read as follows:
Sec. 56.0335. GRANTS AVAILABLE TO RESIDENT AND NONRESIDENT
STUDENTS; LIMITED PRIORITY. The governing board of an institution
of higher education may award grants to both resident and
nonresident students, except that the board shall give priority to
resident students in awarding grants from money from license plate
fees described by Section 56.033(e).
SECTION 4. Section 56.054, Education Code, is amended to
read as follows:
Sec. 56.054. SOURCE OF PROGRAM FUNDING. The loans may
[shall] be made from legislative appropriations or from other funds
available to the institution [the funds set aside for that purpose
under Section 56.033 of this code].
SECTION 5. The heading to Section 56.095, Education Code,
is amended to read as follows:
Sec. 56.095. FUNDING[; LIMITATION ON FUNDING].
SECTION 6. Section 56.095, Education Code, is amended by
amending Subsections (a) and (c) and adding Subsection (a-1) to
read as follows:
(a) The doctoral incentive loan repayment program may be
funded with legislative appropriations and other money available to
the coordinating board for purposes of this subchapter [only from a
source provided by this section].
(a-1) The total amount of loan repayment assistance paid
under the program may not exceed the amount of money available for
purposes of [the program under] this subchapter [section].
(c) The coordinating board may solicit and accept gifts and
grants from any public or private source for [the] purposes of this
subchapter [the doctoral incentive loan repayment program].
SECTION 7. Section 56.463(a), Education Code, is amended to
read as follows:
(a) The Texas B-On-time student loan account is an account
in the general revenue fund. The account consists of:
(1) gifts and grants and legislative appropriations
received under Section 56.464;[, tuition set aside under Section
56.465,] and
(2) other money required by law to be deposited in the
account.
SECTION 8. Section 61.5391(a), Education Code, is amended
to read as follows:
(a) The physician education loan repayment program account
is an account in the general revenue fund. The account is composed
of:
(1) gifts and grants contributed to the account;
(2) earnings on the principal of the account; and
(3) other amounts deposited to the credit of the
account, including:
(A) money deposited under Section [61.539(b) or]
61.5392;
(B) legislative appropriations; and
(C) money deposited under Section 155.2415, Tax
Code.
SECTION 9. Section 61.909, Education Code, is amended to
read as follows:
Sec. 61.909. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
total amount of repayment assistance distributed by the board under
this subchapter may not exceed the total amount of gifts and grants
accepted by the board for repayment assistance, [dental school
tuition set aside under Section 61.910,] legislative
appropriations for repayment assistance, and other funds available
to the board for purposes of this subchapter.
SECTION 10. Section 61.9659, Education Code, is amended to
read as follows:
Sec. 61.9659. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
total amount of repayment assistance distributed by the board under
this subchapter may not exceed the total amount of gifts and grants
accepted by the board for repayment assistance, [tuition set aside
under Section 61.9660,] legislative appropriations for repayment
assistance, and other funds available to the board for purposes of
this subchapter.
SECTION 11. Section 61.9730, Education Code, is amended to
read as follows:
Sec. 61.9730. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The
total amount of repayment assistance distributed by the board under
this subchapter may not exceed the total amount of gifts, grants,
and donations accepted by the board for repayment assistance,
legislative appropriations for repayment assistance, and other
funds available to the board for purposes of this subchapter [and
tuition set aside under Section 61.9731].
SECTION 12. The following provisions of the Education Code
are repealed:
(1) Section 54.0513(e);
(2) Subchapter B, Chapter 56;
(3) Sections 56.033(b), (c), and (d);
(4) Sections 56.036, 56.037, 56.038, and 56.039;
(5) Section 56.459(f);
(6) Section 56.465;
(7) Section 61.539;
(8) Section 61.910;
(9) Section 61.9660; and
(10) Sections 61.9731 and 61.9732.
SECTION 13. (a) The change in law made by this Act applies
beginning with tuition charged for the 2015 fall semester.
(b) Tuition charged for any semester or other academic term
before the 2015 fall semester is covered by the applicable law as it
existed before the effective date of this Act, and the former law is
continued in effect for that purpose.
SECTION 14. This Act takes effect immediately if it
receives a vote of two-thirds of all the members elected to each
house, as provided by Section 39, Article III, Texas Constitution.
If this Act does not receive the vote necessary for immediate
effect, this Act takes effect September 1, 2015.