Texas 2017 - 85th Regular

Texas House Bill HB3260 Compare Versions

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

Old	New	Differences
1	1	85R12613 CLG-D
2	2	By: Button H.B. No. 3260
3	3
4	4
5	5	A BILL TO BE ENTITLED
6	6	AN ACT
7	7	relating to use of the governor's university research initiative
8	8	fund to support the commercialization of property derived from
9	9	research at or through public institutions of higher education.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. Section 62.161, Education Code, as added by
12	12	Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
13	13	Legislature, Regular Session, 2015, is amended by adding
14	14	Subdivision (8) to read as follows:
15	15	(8) "Public institution of higher education" means an
16	16	institution of higher education as defined by Section 61.003.
17	17	SECTION 2. Section 62.164(a), Education Code, as added by
18	18	Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
19	19	Legislature, Regular Session, 2015, is amended to read as follows:
20	20	(a) In awarding grants under Section 62.163, the office
21	21	shall give priority to grant proposals that involve the recruitment
22	22	of distinguished researchers in the fields of science, technology,
23	23	engineering, mathematics, and medicine. With respect to proposals
24	24	involving those fields, the office shall give priority to proposals
25	25	that demonstrate a reasonable likelihood of contributing
26	26	substantially to this state's national and global economic
27	27	competitiveness.
28	28	SECTION 3. Subchapter H, Chapter 62, Education Code, as
29	29	added by Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
30	30	Legislature, Regular Session, 2015, is amended by adding Section
31	31	62.1645 to read as follows:
32	32	Sec. 62.1645. GRANT FOR PUBLIC UNIVERSITY RESEARCH
33	33	DEVELOPMENT WITH PRIVATE SPONSORSHIP. (a) The office may provide
34	34	grants to public institutions of higher education from the fund to
35	35	supplement other funding for projects involving the
36	36	commercialization of intellectual property or other property
37	37	derived from research developed at or through a public institution
38	38	of higher education. To be eligible for a grant under this section,
39	39	a project must be supported by funding provided by one or more
40	40	private entities participating in the project, in addition to any
41	41	funding provided by the public institution of higher education.
42	42	(b) The amount of a grant awarded under this section may not
43	43	exceed 50 percent of the total amount of investment in the project
44	44	provided by the applicable public institution of higher education
45	45	and the participating private entity or entities.
46	46	SECTION 4. Section 62.168, Education Code, as added by
47	47	Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
48	48	Legislature, Regular Session, 2015, is amended to read as follows:
49	49	Sec. 62.168. REPORTING REQUIREMENT. (a) Before the
50	50	beginning of each regular session of the legislature the governor
51	51	shall submit to the lieutenant governor, the speaker of the house of
52	52	representatives, and the standing committees of each house of the
53	53	legislature with primary jurisdiction over economic development
54	54	and higher education matters and post on the office of the
55	55	governor's Internet website a report on grants made from the fund.
56	56	(b) For matching grants made to eligible institutions from
57	57	the fund under Section 62.163, the report must state [from the fund
58	58	that states]:
59	59	(1) the total amount of matching funds granted by the
60	60	office;
61	61	(2) the total amount of matching funds granted to each
62	62	recipient institution;
63	63	(3) a brief description of each distinguished
64	64	researcher recruited by each recipient institution, including any
65	65	amount of external research funding that followed the distinguished
66	66	researcher to the institution;
67	67	(4) a brief description of the expenditures made from
68	68	the matching grant funds for each distinguished researcher; and
69	69	(5) when available, a brief description of each
70	70	distinguished researcher's contribution to the state's economic
71	71	competitiveness, including:
72	72	(A) any patents issued to the distinguished
73	73	researcher after accepting employment by the recipient
74	74	institution; and
75	75	(B) any external research funding, public or
76	76	private, obtained by the distinguished researcher after accepting
77	77	employment by the recipient institution.
78	78	(c) For grants made to public institutions of higher
79	79	education from the fund under Section 62.1645, the report must
80	80	include only the amount and purpose of each grant.
81	81	(d) [(a-1)] The report may not include information that is
82	82	made confidential by law.
83	83	(e) [(b)] The governor may require an eligible institution
84	84	that receives a matching grant under this subchapter to submit, on a
85	85	form the governor provides, information required to complete the
86	86	report.
87	87	SECTION 5. This Act takes effect September 1, 2017.