85R9299 KLA-D
By: Turner H.B. No. 1498
A BILL TO BE ENTITLED
AN ACT
relating to the appropriation of money from the economic
stabilization fund for maintenance and repairs at institutions of
higher education.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. (a) The legislature finds, in part based on
information concerning deferred maintenance included in the annual
reports required by Section 61.05821, Education Code, that there is
a demonstrated need to fund previously deferred maintenance and
repairs of buildings and facilities at general academic and
health-related institutions of higher education.
(b) In addition to other amounts appropriated to the Texas
Higher Education Coordinating Board for the state fiscal biennium
ending August 31, 2019, $500 million is appropriated out of the
economic stabilization fund to the Texas Higher Education
Coordinating Board for that state fiscal biennium for purposes of:
(1) allocating, in the manner provided by Subsection
(c) of this section, a portion of the money to each institution of
higher education that was included in the board's 2012 report on
accumulated deferred maintenance needs at institutions of higher
education as having deferred necessary maintenance of the
institution's buildings and facilities; and
(2) distributing the allocated amounts to those
institutions of higher education to be used during that state
fiscal biennium for previously deferred maintenance and repairs,
infrastructure support, and rehabilitation of buildings and
facilities at those institutions.
(c) The Texas Higher Education Coordinating Board shall
allocate money to each institution of higher education described by
Subsection (b)(1) of this section in the proportion that the cost of
the deferred maintenance at that institution as specified in the
2012 report described by that subdivision bears to the total cost of
the deferred maintenance at all institutions of higher education as
specified in that report.
SECTION 2. This Act takes effect September 1, 2017, but only
if the Act receives a vote of two-thirds of the members present in
each house of the legislature, as provided by Section 49-g(m),
Article III, Texas Constitution.