Texas 2019 - 86th Regular

Texas House Bill HB2000 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		86R23300 SOS-D
2		-	By: Turner of Tarrant, Zerwas, Price, H.B. No. 2000
3		-	Thompson of Harris, Walle, et al.
	2	+	By: Turner of Tarrant, Zerwas, Price, et al. H.B. No. 2000
	3	+	Substitute the following for H.B. No. 2000:
	4	+	By: Turner of Tarrant C.S.H.B. No. 2000
4	5
5	6
6	7		A BILL TO BE ENTITLED
7	8		AN ACT
8	9		relating to authorizing the issuance of revenue bonds to fund
9	10		capital projects at certain public institutions of higher
10	11		education.
11	12		BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
12	13		SECTION 1. Subchapter B, Chapter 55, Education Code, is
13	14		amended by adding Sections 55.1791, 55.1792, 55.1793, 55.1794,
14	15		55.1795, 55.1796, 55.1797, 55.1798, 55.1799, 55.17991, and
15	16		55.17992 to read as follows:
16	17		Sec. 55.1791. THE TEXAS A&M UNIVERSITY SYSTEM; ADDITIONAL
17	18		BONDS. (a) In addition to the other authority granted by this
18	19		subchapter, the board of regents of The Texas A&M University System
19	20		may acquire, purchase, construct, improve, renovate, enlarge, or
20	21		equip property and facilities, including roads and related
21	22		infrastructure, for projects to be financed through the issuance of
22	23		bonds in accordance with this subchapter and in accordance with a
23	24		systemwide revenue financing program adopted by the board for the
24	25		following institutions, not to exceed the following aggregate
25	26		principal amounts for the projects specified, as follows:
26	27		(1) Prairie View A&M University, $60 million for
27	28		construction of an engineering classroom and research building;
28	29		(2) Tarleton State University, $72 million for
29	30		construction of an agricultural and natural resources building;
30	31		(3) Texas A&M University:
31	32		(A) $65 million for construction of an
32	33		instructional laboratory and innovative learning facility; and
33	34		(B) $30 million for construction of a research
34	35		facility and nursing instruction center at the Higher Education
35	36		Center in McAllen, Texas;
36	37		(4) Texas A&M University--Central Texas, $25 million
37	38		for construction of a central utility plant;
38	39		(5) Texas A&M University--Commerce, $49.5 million for
39	40		construction of an agriculture multipurpose education and training
40	41		center;
41	42		(6) Texas A&M University--Corpus Christi, $58.5
42	43		million for construction of an arts and media building;
43	44		(7) Texas A&M University at Galveston, $40 million for
44	45		construction of an immersive scholarship and learning environment
45	46		building, a central plant, and campus infrastructure;
46	47		(8) Texas A&M International University, $60 million
47	48		for construction of a student classroom and events center;
48	49		(9) Texas A&M University--Kingsville, $60 million for
49	50		construction of a STEM and health professions workforce development
50	51		complex;
51	52		(10) Texas A&M University--San Antonio, $53 million
52	53		for construction of an academic and library building;
53	54		(11) Texas A&M University--Texarkana, $46 million for
54	55		construction of a business, engineering, and technology building;
55	56		(12) West Texas A&M University:
56	57		(A) $28.5 million for capital improvements to
57	58		address life and fire safety issues; and
58	59		(B) $20 million for renovation of the education
59	60		building; and
60	61		(13) The Texas A&M University System Health Science
61	62		Center, $100 million for a joint project with The University of
62	63		Texas M. D. Anderson Cancer Center and The University of Texas
63	64		Health Science Center at Houston for construction of a biomedical
64	65		research facility.
65	66		(b) The board may pledge irrevocably to the payment of bonds
66	67		authorized by this section all or any part of the revenue funds of
67	68		an institution, branch, or entity of The Texas A&M University
68	69		System, including student tuition charges. The amount of a pledge
69	70		made under this subsection may not be reduced or abrogated while the
70	71		bonds for which the pledge is made, or bonds issued to refund those
71	72		bonds, are outstanding.
72	73		(c) If sufficient funds are not available to the board to
73	74		meet its obligations under this section, the board may transfer
74	75		funds among institutions, branches, and entities of The Texas A&M
75	76		University System to ensure the most equitable and efficient
76	77		allocation of available resources for each institution, branch, or
77	78		entity to carry out its duties and purposes.
78	79		Sec. 55.1792. THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL
79	80		BONDS. (a) In addition to the other authority granted by this
80	81		subchapter, the board of regents of The University of Texas System
81	82		may acquire, purchase, construct, improve, renovate, enlarge, or
82	83		equip property and facilities, including roads and related
83	84		infrastructure, for projects to be financed through the issuance of
84	85		bonds in accordance with this subchapter and in accordance with a
85	86		systemwide revenue financing program adopted by the board for the
86	87		following institutions, not to exceed the following aggregate
87	88		principal amounts for the projects specified, as follows:
88	89		(1) The University of Texas at Arlington:
89	90		(A) $76 million for construction of a social work
90	91		and college of nursing academic building; and
91	92		(B) $59 million for rehabilitation and
92	93		renovation of the life sciences building;
93	94		(2) The University of Texas at Austin, $135 million
94	95		for restoration of the J. T. Patterson Labs building;
95	96		(3) The University of Texas at Dallas:
96	97		(A) $60 million for a joint project with The
97	98		University of Texas Southwestern Medical Center at Dallas for
98	99		construction of a translational biomedical engineering and science
99	100		building on The University of Texas Southwestern Medical Center at
100	101		Dallas campus; and
101	102		(B) $75 million for construction of a student
102	103		success center on The University of Texas at Dallas campus;
103	104		(4) The University of Texas at El Paso, $113 million
104	105		for construction of an advanced teaching and learning complex;
105	106		(5) The University of Texas of the Permian Basin, $40
106	107		million for improvement and renovation of the Mesa building;
107	108		(6) The University of Texas--Rio Grande Valley, $70
108	109		million for construction of a health affairs building;
109	110		(7) The University of Texas at San Antonio,
110	111		$126,250,000 for construction of a college of business building at
111	112		the downtown campus;
112	113		(8) The University of Texas at Tyler, $50 million for
113	114		construction of a college of nursing and health science building;
114	115		(9) The University of Texas Health Science Center at
115	116		Houston, $100 million for a joint project with The Texas A&M
116	117		University System Health Science Center and The University of Texas
117	118		M. D. Anderson Cancer Center for construction of a biomedical
118	119		research facility;
119	120		(10) The University of Texas Health Science Center at
120	121		San Antonio, $82 million for construction of the Glenn Biggs
121	122		Institute for Alzheimer's & Neurodegenerative Diseases building;
122	123		(11) The University of Texas Health Science Center at
123	124		Tyler, $18,521,432 for improvement and renovation of a biomedical
124	125		research building;
125	126		(12) The University of Texas M. D. Anderson Cancer
126	127		Center, $100 million for a joint project with The Texas A&M
127	128		University System Health Science Center and The University of Texas
128	129		Health Science Center at Houston for construction of a biomedical
129	130		research facility;
130	131		(13) The University of Texas Medical Branch at
131	132		Galveston, $120 million for construction of an education and
132	133		clinical multiuse building; and
133	134		(14) The University of Texas Southwestern Medical
134	135		Center at Dallas:
135	136		(A) $60 million for a joint project with The
136	137		University of Texas at Dallas for construction of a translational
137	138		biomedical engineering and science building on The University of
138	139		Texas Southwestern Medical Center at Dallas campus; and
139	140		(B) $60 million for construction of the Peter
140	141		O'Donnell Jr. Brain Institute research facility.
141	142		(b) The board may pledge irrevocably to the payment of bonds
142	143		authorized by this section all or any part of the revenue funds of
143	144		an institution, branch, or entity of The University of Texas
144	145		System, including student tuition charges. The amount of a pledge
145	146		made under this subsection may not be reduced or abrogated while the
146	147		bonds for which the pledge is made, or bonds issued to refund those
147	148		bonds, are outstanding.
148	149		(c) If sufficient funds are not available to the board to
149	150		meet its obligations under this section, the board may transfer
150	151		funds among institutions, branches, and entities of The University
151	152		of Texas System to ensure the most equitable and efficient
152	153		allocation of available resources for each institution, branch, or
153	154		entity to carry out its duties and purposes.
154	155		Sec. 55.1793. UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL
155	156		BONDS. (a) In addition to the other authority granted by this
156	157		subchapter, the board of regents of the University of Houston
157	158		System may acquire, purchase, construct, improve, renovate,
158	159		enlarge, or equip property and facilities, including roads and
159	160		related infrastructure, for projects to be financed through the
160	161		issuance of bonds in accordance with this subchapter and in
161	162		accordance with a systemwide revenue financing program adopted by
162	163		the board for the following entity and institutions, not to exceed
163	164		the following aggregate principal amounts for the projects
164	165		specified, as follows:
165	166		(1) the University of Houston System, $50 million for
166	167		construction of an academic, administration, and student services
167	168		building on the Katy, Texas, campus;
168	169		(2) the University of Houston:
169	170		(A) $50 million for construction of a law center
170	171		building; and
171	172		(B) $35 million for construction of the Hobby
172	173		School for Public Affairs building;
173	174		(3) the University of Houston--Clear Lake, $56 million
174	175		for Phase II of the STEM and classroom building construction;
175	176		(4) the University of Houston--Downtown:
176	177		(A) $85 million for construction of an arts,
177	178		sciences, engineering, entrepreneurship, collaboration retention,
178	179		and academic engagement facility; and
179	180		(B) $15 million for repurposing the Student Life
180	181		Center as a student union building; and
181	182		(5) the University of Houston--Victoria, $60 million
182	183		for campus expansion.
183	184		(b) The board may pledge irrevocably to the payment of bonds
184	185		authorized by this section all or any part of the revenue funds of
185	186		an institution, branch, or entity of the University of Houston
186	187		System, including student tuition charges. The amount of a pledge
187	188		made under this subsection may not be reduced or abrogated while the
188	189		bonds for which the pledge is made, or bonds issued to refund those
189	190		bonds, are outstanding.
190	191		(c) If sufficient funds are not available to the board to
191	192		meet its obligations under this section, the board may transfer
192	193		funds among institutions, branches, and entities of the University
193	194		of Houston System to ensure the most equitable and efficient
194	195		allocation of available resources for each institution, branch, or
195	196		entity to carry out its duties and purposes.
196	197		Sec. 55.1794. TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL
197	198		BONDS. (a) In addition to the other authority granted by this
198	199		subchapter, the board of regents of the Texas State University
199	200		System may acquire, purchase, construct, improve, renovate,
200	201		enlarge, or equip property and facilities, including roads and
201	202		related infrastructure, for projects to be financed through the
202	203		issuance of bonds in accordance with this subchapter and in
203	204		accordance with a systemwide revenue financing program adopted by
204	205		the board for the following institutions, not to exceed the
205	206		following aggregate principal amounts for the projects specified,
206	207		as follows:
207	208		(1) Lamar University, $45 million for construction of
208	209		a digital learning center;
209	210		(2) Lamar State College--Orange, $32 million for
210	211		construction of an academic building;
211	212		(3) Lamar State College--Port Arthur:
212	213		(A) $20 million for construction of an allied
213	214		health building; and
214	215		(B) $1,012,500 for construction of a workforce
215	216		training center;
216	217		(4) Lamar Institute of Technology:
217	218		(A) $20 million for construction of a workforce
218	219		training center; and
219	220		(B) $1,100,000 for construction of a
220	221		professional truck driving academy building;
221	222		(5) Sam Houston State University, $70 million for
222	223		construction of an allied health building;
223	224		(6) Sul Ross State University, $25.5 million for
224	225		expansion of the fine arts facility;
225	226		(7) Sul Ross State University Rio Grande College, $20
226	227		million for construction of an education center located in Eagle
227	228		Pass, Texas; and
228	229		(8) Texas State University:
229	230		(A) $90 million for construction of a STEM
230	231		classroom building located in San Marcos, Texas; and
231	232		(B) $45 million for construction of a health
232	233		professions building located in Round Rock, Texas.
233	234		(b) The board may pledge irrevocably to the payment of bonds
234	235		authorized by this section all or any part of the revenue funds of
235	236		an institution, branch, or entity of the Texas State University
236	237		System, including student tuition charges. The amount of a pledge
237	238		made under this subsection may not be reduced or abrogated while the
238	239		bonds for which the pledge is made, or bonds issued to refund those
239	240		bonds, are outstanding.
240	241		(c) If sufficient funds are not available to the board to
241	242		meet its obligations under this section, the board may transfer
242	243		funds among institutions, branches, and entities of the Texas State
243	244		University System to ensure the most equitable and efficient
244	245		allocation of available resources for each institution, branch, or
245	246		entity to carry out its duties and purposes.
246	247		Sec. 55.1795. UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL
247	248		BONDS. (a) In addition to the other authority granted by this
248	249		subchapter, the board of regents of the University of North Texas
249	250		System may acquire, purchase, construct, improve, renovate,
250	251		enlarge, or equip property and facilities, including roads and
251	252		related infrastructure, for projects to be financed through the
252	253		issuance of bonds in accordance with this subchapter and in
253	254		accordance with a systemwide revenue financing program adopted by
254	255		the board for the following institutions, not to exceed the
255	256		following aggregate principal amounts for the projects specified,
256	257		as follows:
257	258		(1) the University of North Texas, $126 million for
258	259		construction of a science and technology research building;
259	260		(2) the University of North Texas at Dallas, $80
260	261		million for construction of a STEM building; and
261	262		(3) the University of North Texas Health Science
262	263		Center at Fort Worth, $115.5 million for construction of an
263	264		academic building.
264	265		(b) The board may pledge irrevocably to the payment of bonds
265	266		authorized by this section all or any part of the revenue funds of
266	267		an institution, branch, or entity of the University of North Texas
267	268		System, including student tuition charges. The amount of a pledge
268	269		made under this subsection may not be reduced or abrogated while the
269	270		bonds for which the pledge is made, or bonds issued to refund those
270	271		bonds, are outstanding.
271	272		(c) If sufficient funds are not available to the board to
272	273		meet its obligations under this section, the board may transfer
273	274		funds among institutions, branches, and entities of the University
274	275		of North Texas System to ensure the most equitable and efficient
275	276		allocation of available resources for each institution, branch, or
276	277		entity to carry out its duties and purposes.
277	278		Sec. 55.1796. TEXAS WOMAN'S UNIVERSITY; ADDITIONAL BONDS.
278	279		(a) In addition to the other authority granted by this subchapter,
279	280		the board of regents of Texas Woman's University may acquire,
280	281		purchase, construct, improve, renovate, enlarge, or equip property
281	282		and facilities, including roads and related infrastructure, for a
282	283		health sciences center, to be financed through the issuance of
283	284		bonds in accordance with this subchapter, not to exceed the
284	285		aggregate principal amount of $100 million.
285	286		(b) The board may pledge irrevocably to the payment of bonds
286	287		authorized by this section all or any part of the revenue funds of
287	288		Texas Woman's University, including student tuition charges. The
288	289		amount of a pledge made under this subsection may not be reduced or
289	290		abrogated while the bonds for which the pledge is made, or bonds
290	291		issued to refund those bonds, are outstanding.
291	292		Sec. 55.1797. MIDWESTERN STATE UNIVERSITY; ADDITIONAL
292	293		BONDS. (a) In addition to the other authority granted by this
293	294		subchapter, the board of regents of Midwestern State University may
294	295		acquire, purchase, construct, improve, renovate, enlarge, or equip
295	296		property and facilities, including roads and related
296	297		infrastructure, for infrastructure upgrades, to be financed
297	298		through the issuance of bonds in accordance with this subchapter,
298	299		not to exceed the aggregate principal amount of $10 million.
299	300		(b) The board may pledge irrevocably to the payment of bonds
300	301		authorized by this section all or any part of the revenue funds of
301	302		Midwestern State University, including student tuition charges.
302	303		The amount of a pledge made under this subsection may not be reduced
303	304		or abrogated while the bonds for which the pledge is made, or bonds
304	305		issued to refund those bonds, are outstanding.
305	306		Sec. 55.1798. STEPHEN F. AUSTIN STATE UNIVERSITY;
306	307		ADDITIONAL BONDS. (a) In addition to the other authority granted
307	308		by this subchapter, the board of regents of Stephen F. Austin State
308	309		University may acquire, purchase, construct, improve, renovate,
309	310		enlarge, or equip property and facilities, including roads and
310	311		related infrastructure, for a natural resources science and
311	312		innovations laboratory, to be financed through the issuance of
312	313		bonds in accordance with this subchapter, not to exceed the
313	314		aggregate principal amount of $48 million.
314	315		(b) The board may pledge irrevocably to the payment of bonds
315	316		authorized by this section all or any part of the revenue funds of
316	317		Stephen F. Austin State University, including student tuition
317	318		charges. The amount of a pledge made under this subsection may not
318	319		be reduced or abrogated while the bonds for which the pledge is
319	320		made, or bonds issued to refund those bonds, are outstanding.
320	321		Sec. 55.1799. TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL
321	322		BONDS. (a) In addition to the other authority granted by this
322	323		subchapter, the board of regents of the Texas Tech University
323	324		System may acquire, purchase, construct, improve, renovate,
324	325		enlarge, or equip property and facilities, including roads and
325	326		related infrastructure, for projects to be financed through the
326	327		issuance of bonds in accordance with this subchapter and in
327	328		accordance with a systemwide revenue financing program adopted by
328	329		the board for the following institutions, not to exceed the
329	330		following aggregate principal amounts for the projects specified,
330	331		as follows:
331	332		(1) Angelo State University, $22.5 million for
332	333		construction of a college of arts and humanities building;
333	334		(2) Texas Tech University, $118,080,000 for
334	335		construction of a science and engineering complex;
335	336		(3) Texas Tech University Health Sciences Center:
336	337		(A) $34,650,000 for expansion of the academic and
337	338		clinic building located in Amarillo, Texas; and
338	339		(B) $55 million for expansion of the Texas Tech
339	340		University Health Sciences building in Midland, Texas; and
340	341		(4) Texas Tech University Health Sciences Center at El
341	342		Paso, $92,349,000 for construction of a dental school building.
342	343		(b) The board may pledge irrevocably to the payment of bonds
343	344		authorized by this section all or any part of the revenue funds of
344	345		an institution, branch, or entity of the Texas Tech University
345	346		System, including student tuition charges. The amount of a pledge
346	347		made under this subsection may not be reduced or abrogated while the
347	348		bonds for which the pledge is made, or bonds issued to refund those
348	349		bonds, are outstanding.
349	350		(c) If sufficient funds are not available to the board to
350	351		meet its obligations under this section, the board may transfer
351	352		funds among institutions, branches, and entities of the Texas Tech
352	353		University System to ensure the most equitable and efficient
353	354		allocation of available resources for each institution, branch, or
354	355		entity to carry out its duties and purposes.
355	356		Sec. 55.17991. TEXAS SOUTHERN UNIVERSITY; ADDITIONAL
356	357		BONDS. (a) In addition to the other authority granted by this
357	358		subchapter, the board of regents of Texas Southern University may
358	359		acquire, purchase, construct, improve, renovate, enlarge, or equip
359	360		property and facilities, including roads and related
360	361		infrastructure, for deferred maintenance for campus facilities, to
361	362		be financed through the issuance of bonds in accordance with this
362	363		subchapter, not to exceed the aggregate principal amount of $50
363	364		million.
364	365		(b) The board may pledge irrevocably to the payment of bonds
365	366		authorized by this section all or any part of the revenue funds of
366	367		Texas Southern University, including student tuition charges. The
367	368		amount of a pledge made under this subsection may not be reduced or
368	369		abrogated while the bonds for which the pledge is made, or bonds
369	370		issued to refund those bonds, are outstanding.
370	371		Sec. 55.17992. TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a)
371	372		In addition to the other authority granted by this subchapter, the
372	373		board of regents of the Texas State Technical College System may
373	374		acquire, purchase, construct, improve, renovate, enlarge, or equip
374	375		property and facilities, including roads and related
375	376		infrastructure, for projects to be financed through the issuance of
376	377		bonds in accordance with this subchapter for the following entity
377	378		and institutions, not to exceed the following aggregate principal
378	379		amounts for the projects specified, as follows:
379	380		(1) Texas State Technical College System, $16.5
380	381		million for Phase II of the industrial technology center located in
381	382		Williamson County;
382	383		(2) Texas State Technical College--Fort Bend,
383	384		$30,377,000 for Phase III of the campus construction;
384	385		(3) Texas State Technical College--Harlingen, $20
385	386		million for construction of an industrial technology center;
386	387		(4) Texas State Technical College--Marshall,
387	388		$8,572,000 for consolidation construction for a single campus;
388	389		(5) Texas State Technical College--North Texas,
389	390		$10,938,000 for Phase II of the new campus construction;
390	391		(6) Texas State Technical College--Waco, $20 million
391	392		for construction of a computer technology center; and
392	393		(7) Texas State Technical College--West Texas,
393	394		$28,177,000 for Phase II of the Abilene campus construction.
394	395		(b) The board may pledge irrevocably to the payment of bonds
395	396		authorized by this section all or any part of the revenue funds of
396	397		an institution, branch, or entity of the Texas State Technical
397	398		College System, including student tuition charges. The amount of a
398	399		pledge made under this subsection may not be reduced or abrogated
399	400		while the bonds for which the pledge is made, or bonds issued to
400	401		refund those bonds, are outstanding.
401	402		(c) If sufficient funds are not available to the board to
402	403		meet its obligations under this section, the board may transfer
403	404		funds among institutions, branches, and entities of the Texas State
404	405		Technical College System to ensure the most equitable and efficient
405	406		allocation of available resources for each institution, branch, or
406	407		entity to carry out its duties and purposes.
407	408		SECTION 2. This Act does not affect any authority or
408	409		restriction regarding the activities that a public institution of
409	410		higher education may conduct in connection with a facility financed
410	411		by bonds authorized by this Act.
411	412		SECTION 3. This Act takes effect September 1, 2019.