Texas 2021 - 87th Regular

Texas Senate Bill SB753 Compare Versions

Only one version of the bill is available at this time.
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11 87R773 KJE-D
22 By: Miles S.B. No. 753
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to a limitation on the amount of a fee charged by a public
88 institution of higher education for late payment of student housing
99 costs.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Subchapter E, Chapter 54, Education Code, is
1212 amended by adding Section 54.5042 to read as follows:
1313 Sec. 54.5042. LIMITATION ON AMOUNT OF FEE FOR LATE PAYMENT
1414 OF STUDENT HOUSING COSTS. The governing board of an institution of
1515 higher education may not charge a student a fee for late payment of
1616 student housing costs incurred by the student for a semester or term
1717 in an amount greater than five percent of the total student housing
1818 costs incurred by the student for that semester or term.
1919 SECTION 2. This Act applies beginning with fees for late
2020 payment of student housing costs charged for the 2021 fall
2121 semester.
2222 SECTION 3. This Act takes effect immediately if it receives
2323 a vote of two-thirds of all the members elected to each house, as
2424 provided by Section 39, Article III, Texas Constitution. If this
2525 Act does not receive the vote necessary for immediate effect, this
2626 Act takes effect September 1, 2021.