Texas 2021 87th Regular

Texas Senate Bill SB1525 Introduced / Bill

Filed 03/11/2021

                    87R12137 KEL-F
 By: Creighton S.B. No. 1525


 A BILL TO BE ENTITLED
 AN ACT
 relating to the administration of the governor's university
 research initiative.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 62.161(2), Education Code, as added by
 Chapter 448 (H.B. 7), Acts of the 84th Legislature, Regular
 Session, 2015, is amended to read as follows:
 (2)  "Distinguished researcher" means:
 (A)  an individual [a] researcher who [is]:
 (i)  is [(A)]  a Nobel laureate or the
 recipient of an equivalent honor; [or]
 (ii)  is [(B)]  a member of a national
 honorific society, such as the National Academy of Sciences, the
 National Academy of Engineering, or the Institute of Medicine, or
 an equivalent honorific organization; or
 (iii)  has attained a highly prestigious
 national academic recognition, as defined by office rule; or
 (B)  a group of researchers who have attained
 recognition as described by Paragraph (A)(iii).
 SECTION 2.  Section 62.162(c), Education Code, as added by
 Chapter 448 (H.B. 7), Acts of the 84th Legislature, Regular
 Session, 2015, is amended to read as follows:
 (c)  The office in consultation with the commissioner of
 higher education may adopt any rules the office considers necessary
 to administer this subchapter. The coordinating board shall
 recommend to the office the types of national academic recognitions
 that are considered to be highly prestigious for purposes of
 determining which individuals or groups qualify as a "distinguished
 researcher" under Section 62.161.
 SECTION 3.  Section 62.168(b), Education Code, as added by
 Chapter 448 (H.B. 7), Acts of the 84th Legislature, Regular
 Session, 2015, is amended to read as follows:
 (b)  The fund consists of:
 (1)  amounts appropriated or otherwise allocated or
 transferred by law to the fund; [and]
 (2)  gifts, grants, and other donations received for
 the fund; and
 (3)  money deposited to the fund under Section 62.169
 or under Section 490.101(b-1), Government Code, as added by
 Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
 Legislature, Regular Session, 2015.
 SECTION 4.  Section 62.166, Education Code, as added by
 Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
 Legislature, Regular Session, 2015, is transferred to Subchapter H,
 Chapter 62, Education Code, as added by Chapter 448 (H.B. 7), Acts
 of the 84th Legislature, Regular Session, 2015, redesignated as
 Section 62.169, Education Code, and amended to read as follows:
 Sec. 62.169  [62.166]. WINDING UP OF CONTRACTS AND AWARDS IN
 CONNECTION WITH TEXAS EMERGING TECHNOLOGY FUND. (a)  The
 governor's university research initiative is the successor to the
 Texas emerging technology fund.  Awards from the Texas emerging
 technology fund shall be wound up in accordance with this section
 and Section 490.104, Government Code, as added by Chapters 323
 (S.B. 632) and 915 (H.B. 26), Acts of the 84th Legislature, Regular
 Session, 2015, and contracts governing awards from that fund shall
 be wound up in accordance with this section.
 (b)  If a contract governing an award from the Texas emerging
 technology fund provides for the distribution of royalties,
 revenue, or other financial benefits to the state, including
 royalties, revenue, or other financial benefits realized from the
 commercialization of intellectual or real property developed from
 an award from the fund, those royalties, revenues, or other
 financial benefits shall continue to be distributed in accordance
 with the terms of the contract unless the award recipient and the
 governor agree otherwise. Unless otherwise required by law,
 royalties, revenue, or other financial benefits accruing to the
 state under a contract described by this subsection, including any
 money returned or repaid to the state by an award recipient, shall
 be credited to the governor's university research initiative fund.
 (c)  If money awarded from the Texas emerging technology fund
 is encumbered by a contract executed before September 1, 2015, but
 has not been distributed before that date, the money shall be
 distributed from the governor's university research initiative
 fund in accordance with the terms of the contract, unless the award
 recipient and the governor agree otherwise.
 (d)  Except for an obligation regarding the distribution of
 royalties, revenue, or other financial benefits to the state as
 provided by Subsection (b), if money awarded from the Texas
 emerging technology fund under a contract executed before September
 1, 2015, has been fully distributed and the entity that received the
 award has fully performed all specific actions under the terms of
 the contract governing the award, the entity is considered to have
 fully satisfied the entity's obligations under the contract.  The
 entity shall file with the office a final report showing the
 purposes for which the award money has been spent and, if award
 money remains unspent, the purposes for which the recipient will
 spend the remaining money.
 SECTION 5.  Section 62.167, Education Code, as added by
 Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
 Legislature, Regular Session, 2015, is transferred to Subchapter H,
 Chapter 62, Education Code, as added by Chapter 448 (H.B. 7), Acts
 of the 84th Legislature, Regular Session, 2015, and redesignated as
 Section 62.170, Education Code, to read as follows:
 Sec. 62.170  [62.167]. CONFIDENTIALITY OF INFORMATION
 CONCERNING AWARDS FROM TEXAS EMERGING TECHNOLOGY FUND. (a)  Except
 as provided by Subsection (b), information collected under former
 provisions of Chapter 490, Government Code, concerning the
 identity, background, finance, marketing plans, trade secrets, or
 other commercially or academically sensitive information of an
 individual or entity that was considered for or received an award
 from the Texas emerging technology fund is confidential unless the
 individual or entity consents to disclosure of the information.
 (b)  The following information collected in connection with
 the Texas emerging technology fund is public information and may be
 disclosed under Chapter 552, Government Code:
 (1)  the name and address of an individual or entity
 that received an award from that fund;
 (2)  the amount of funding received by an award
 recipient;
 (3)  a brief description of the project funded under
 former provisions of Chapter 490, Government Code;
 (4)  if applicable, a brief description of the equity
 position that the governor, on behalf of the state, has taken in an
 entity that received an award from that fund; and
 (5)  any other information with the consent of:
 (A)  the governor;
 (B)  the lieutenant governor;
 (C)  the speaker of the house of representatives;
 and
 (D)  the individual or entity that received an
 award from that fund, if the information relates to that individual
 or entity.
 SECTION 6.  Section 62.168, Education Code, as added by
 Chapters 323 (S.B. 632) and 915 (H.B. 26), Acts of the 84th
 Legislature, Regular Session, 2015, is transferred to Subchapter H,
 Chapter 62, Education Code, as added by Chapter 448 (H.B. 7), Acts
 of the 84th Legislature, Regular Session, 2015, redesignated as
 Section 62.171, Education Code, and amended to read as follows:
 Sec. 62.171  [62.168]. REPORTING REQUIREMENT. (a)  Before
 the beginning of each regular session of the legislature the
 governor shall submit to the lieutenant governor, the speaker of
 the house of representatives, and the standing committees of each
 house of the legislature with primary jurisdiction over economic
 development and higher education matters and post on the office of
 the governor's Internet website a report on matching grants made to
 eligible institutions from the fund that states:
 (1)  the total amount of matching funds granted by the
 office;
 (2)  the total amount of matching funds granted to each
 recipient institution;
 (3)  a brief description of each distinguished
 researcher recruited by each recipient institution, including any
 amount of external research funding that followed the distinguished
 researcher to the institution;
 (4)  a brief description of the expenditures made from
 the matching grant funds for each distinguished researcher; and
 (5)  when available, a brief description of each
 distinguished researcher's contribution to the state's economic
 competitiveness, including:
 (A)  any patents issued to the distinguished
 researcher after accepting employment by the recipient
 institution; and
 (B)  any external research funding, public or
 private, obtained by the distinguished researcher after accepting
 employment by the recipient institution.
 (b) [(a-1)]  The report may not include information that is
 made confidential by law.
 (c) [(b)]  The governor may require an eligible institution
 that receives a matching grant under this subchapter to submit, on a
 form the governor provides, information required to complete the
 report.
 SECTION 7.  The following provisions of Subchapter H,
 Chapter 62, Education Code, as added by Chapters 323 (S.B. 632) and
 915 (H.B. 26), Acts of the 84th Legislature, Regular Session, 2015,
 are repealed:
 (1)  Section 62.161;
 (2)  Section 62.162;
 (3)  Section 62.163;
 (4)  Section 62.164;
 (5)  Section 62.165; and
 (6)  the heading to Subchapter H, Chapter 62.
 SECTION 8.  The change in law made by this Act applies only
 to a grant application submitted to the Texas Economic Development
 and Tourism Office in the office of the governor for the state
 fiscal year beginning September 1, 2021. A grant application
 submitted for a preceding state fiscal year is governed by the law
 in effect on the date the application was submitted, and that law is
 continued in effect for that purpose.
 SECTION 9.  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, 2021.