| 1 | 1 | | 86R11287 KSD-F |
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| 2 | 2 | | By: Menéndez S.B. No. 883 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to use of a tuition set-aside to fund the doctoral |
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| 8 | 8 | | incentive loan repayment program. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 56.095, Education Code, is amended by |
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| 11 | 11 | | adding Subsection (b) to read as follows: |
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| 12 | 12 | | (b) Each institution of higher education shall set aside a |
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| 13 | 13 | | portion of the tuition collected from each student enrolled in a |
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| 14 | 14 | | doctoral degree program, other than a law or health professional |
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| 15 | 15 | | degree program, equal to $4 for each semester credit hour for which |
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| 16 | 16 | | the student is enrolled. The amount set aside shall be transferred |
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| 17 | 17 | | to the comptroller to be maintained in the state treasury for the |
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| 18 | 18 | | sole purpose of repayment of student loans of individuals employed |
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| 19 | 19 | | as faculty and administrators at institutions of higher education |
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| 20 | 20 | | in this state as provided by this subchapter. The money may be used |
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| 21 | 21 | | only to provide loan repayment under this subchapter and to cover |
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| 22 | 22 | | the costs of administering this subchapter. |
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| 23 | 23 | | SECTION 2. Section 56.095(b), Education Code, as added by |
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| 24 | 24 | | this Act, applies beginning with tuition paid for the 2019-2020 |
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| 25 | 25 | | academic year. |
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| 26 | 26 | | SECTION 3. This Act takes effect immediately if it receives |
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| 27 | 27 | | a vote of two-thirds of all the members elected to each house, as |
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| 28 | 28 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 29 | 29 | | Act does not receive the vote necessary for immediate effect, this |
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| 30 | 30 | | Act takes effect September 1, 2019. |
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