87R773 KJE-D
By: Miles S.B. No. 753
A BILL TO BE ENTITLED
AN ACT
relating to a limitation on the amount of a fee charged by a public
institution of higher education for late payment of student housing
costs.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter E, Chapter 54, Education Code, is
amended by adding Section 54.5042 to read as follows:
Sec. 54.5042. LIMITATION ON AMOUNT OF FEE FOR LATE PAYMENT
OF STUDENT HOUSING COSTS. The governing board of an institution of
higher education may not charge a student a fee for late payment of
student housing costs incurred by the student for a semester or term
in an amount greater than five percent of the total student housing
costs incurred by the student for that semester or term.
SECTION 2. This Act applies beginning with fees for late
payment of student housing costs charged for the 2021 fall
semester.
SECTION 3. 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.