Texas 2021 - 87th 3rd C.S.

Texas Senate Bill SB52 Latest Draft

Bill / Enrolled Version Filed 10/19/2021

                            S.B. No. 52


 AN ACT
 relating to the issuance of revenue bonds to fund capital projects
 at public institutions of higher education, the oversight of
 certain capital projects at those institutions, and the designation
 of certain appropriated funds allocated to those institutions.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  SECTION 1.  Subchapter B, Chapter 55, Education
 Code, is amended by adding Section 55.111 to read as follows:
 Sec. 55.111.  CERTAIN ALLOCATED FUNDS TO BE DESIGNATED AS
 CAPITAL CONSTRUCTION ASSISTANCE PROJECTS. For purposes of this
 subchapter, funds allocated from the appropriation of general
 revenue or federal funds to an institution of higher education to
 supplement revenue funds of the institution described by Section
 55.13(a) may be designated as "Capital Construction Assistance
 Projects."
 SECTION 2.  Subchapter B, Chapter 55, Education Code, is
 amended by adding Sections 55.1791, 55.1792, 55.1793, 55.1794,
 55.1795, 55.1796, 55.1797, 55.1798, 55.1799, and 55.17991 to read
 as follows:
 Sec. 55.1791.  THE TEXAS A&M UNIVERSITY SYSTEM; ADDITIONAL
 BONDS. (a) In addition to the other authority granted by this
 subchapter, the board of regents of The Texas A&M University System
 may acquire, purchase, construct, improve, renovate, enlarge, or
 equip property and facilities, including roads and related
 infrastructure, for projects to be financed through the issuance of
 bonds in accordance with this subchapter and in accordance with a
 systemwide revenue financing program adopted by the board for the
 following institutions, not to exceed the following aggregate
 principal amounts for the projects specified, as follows:
 (1)  The Texas A&M University System, $43,425,406 for
 construction of a STEM education center at the RELLIS campus;
 (2)  Prairie View A&M University, $44,922,833 for
 construction of a teaching and academic student support services
 facility;
 (3)  Tarleton State University:
 (A)  $65 million for construction of a College of
 Health Sciences and Human Services building on the Stephenville
 campus; and
 (B)  $25 million for expansion of the Fort Worth
 campus;
 (4)  Texas A&M University, $56,153,542 for
 construction of a clinical veterinary teaching and research
 complex;
 (5)  Texas A&M University--Commerce, $44,922,833 for
 an Agricultural Multipurpose Education and Training Center;
 (6)  Texas A&M University--Corpus Christi, $44,922,833
 for construction of an arts and media building;
 (7)  Texas A&M University at Galveston, $33,692,125 for
 construction of an engineering classroom and research building;
 (8)  Texas A&M University--Kingsville, $44,922,833 for
 renovations to address deferred maintenance for campus buildings;
 (9)  Texas A&M University--Central Texas, $44,922,833
 for construction of a central utility plant and infrastructure
 upgrades;
 (10)  West Texas A&M University, $44,922,833 for
 infrastructure upgrades to address health and safety issues and the
 renovation of an education building;
 (11)  Texas A&M University--San Antonio, $44,922,833
 for construction of a public health and education building;
 (12)  Texas A&M International University, $44,922,833
 for construction of a health science education and research center;
 (13)  Texas A&M University--Texarkana, $44,922,833 for
 construction of a business, engineering, and technology building;
 and
 (14)  The Texas A&M University System Health Science
 Center:
 (A)  $69,897,111 for construction of the Texas
 Medical Center Building 3 in Houston, Texas; and
 (B)  $29,948,556 for construction of a nursing
 education and research center in McAllen, Texas.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of The Texas A&M University
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of The Texas A&M
 University System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system, the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1792.  THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL
 BONDS. (a)  In addition to the other authority granted by this
 subchapter, the board of regents of The University of Texas System
 may acquire, purchase, construct, improve, renovate, enlarge, or
 equip property and facilities, including roads and related
 infrastructure, for projects to be financed through the issuance of
 bonds in accordance with this subchapter and in accordance with a
 systemwide revenue financing program adopted by the board for the
 following institutions, not to exceed the following aggregate
 principal amounts for the projects specified, as follows:
 (1)  The University of Texas System, $56,153,542 for
 renovation of the Microelectronics Research Center at the
 J. J. Pickle Research Campus;
 (2)  The University of Texas at Arlington, $52,409,972
 for renovation of the Life Science Building;
 (3)  The University of Texas at Austin, $56,153,542 for
 renovation of the Physics, Math, and Astronomy Building;
 (4)  The University of Texas at Dallas, $52,409,972 for
 construction of a student success center;
 (5)  The University of Texas at El Paso, $52,409,972
 for construction of an advanced teaching and learning complex;
 (6)  The University of Texas of the Permian Basin,
 $44,922,833 for renovation of the Mesa Building and campus
 transformation;
 (7)  The University of Texas Rio Grande Valley,
 $44,922,833 for construction of a health affairs building;
 (8)  The University of Texas at San Antonio,
 $52,409,972 for construction of an Innovation, Entrepreneurship,
 and Careers building;
 (9)  The University of Texas at Tyler, $44,922,833 for
 construction of a sciences building;
 (10)  The University of Texas Health Science Center at
 Houston, $69,897,111 for construction of a public health education
 and research building;
 (11)  The University of Texas Health Science Center at
 San Antonio, $59,897,111 for construction of the Glenn Biggs
 Institute for Alzheimer's & Neurodegenerative Diseases Building;
 (12)  The University of Texas Health Science Center at
 Tyler:
 (A)  $48 million for construction of a health
 professions education center; and
 (B)  $10 million for construction of a health
 professions education center located in Longview, Texas;
 (13)  The University of Texas M. D. Anderson Cancer
 Center, $69,897,111 for construction of a life sciences research,
 innovation, and discovery initiative facility;
 (14)  The University of Texas Medical Branch at
 Galveston, $59,897,111 for infrastructure and research space
 upgrades for research buildings; and
 (15)  UT Southwestern Medical Center, $59,897,111 for
 construction of the north campus Phase VI Brain Institute shell
 space.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of The University of Texas
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of The University
 of Texas System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system, the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1793.  UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL
 BONDS. (a)  In addition to the other authority granted by this
 subchapter, the board of regents of the University of Houston
 System may acquire, purchase, construct, improve, renovate,
 enlarge, or equip property and facilities, including roads and
 related infrastructure, for projects to be financed through the
 issuance of bonds in accordance with this subchapter and in
 accordance with a systemwide revenue financing program adopted by
 the board for the following institutions, not to exceed the
 following aggregate principal amounts for the projects specified,
 as follows:
 (1)  the University of Houston System, $59,897,111 for
 construction of a medical research facility;
 (2)  the University of Houston:
 (A)  $40 million for construction of the Hobby
 School of Public Affairs Building;
 (B)  $52,409,972 for construction of the IDEA Lab;
 and
 (C)  $52,409,972 for construction of the Sugar
 Land Academic Building 2;
 (3)  the University of Houston--Clear Lake,
 $44,922,833 for renovation of the Bayou Building, the Delta
 Building, and the Student Services and Classroom Building;
 (4)  the University of Houston--Downtown, $44,922,833
 for renovation of existing buildings and other campus
 infrastructure upgrades and for the construction of the Police
 Department and Criminal Justice Academy Building; and
 (5)  the University of Houston--Victoria, $44,922,833
 for renovation of existing buildings and other campus
 infrastructure upgrades.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of the University of Houston
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of the University
 of Houston System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system, the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1794.  TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL
 BONDS. (a)  In addition to the other authority granted by this
 subchapter, the board of regents of the Texas State University
 System may acquire, purchase, construct, improve, renovate,
 enlarge, or equip property and facilities, including roads and
 related infrastructure, for projects to be financed through the
 issuance of bonds in accordance with this subchapter and in
 accordance with a systemwide revenue financing program adopted by
 the board for the following institutions, not to exceed the
 following aggregate principal amounts for the projects specified,
 as follows:
 (1)  Texas State University System, $11,230,708 for
 construction of a field research station and dam repair;
 (2)  Lamar State College--Orange, $37,435,695 for the
 replacement of an academic building to house general academic
 instruction and information technology services;
 (3)  Lamar State College--Port Arthur, $37,435,695 for
 construction of an allied health and sciences building;
 (4)  Lamar Institute of Technology, $37,435,695 for
 construction of a facility for workforce and allied health
 programs;
 (5)  Lamar University, $44,922,833 for renovation of a
 library;
 (6)  Sam Houston State University:
 (A)  $44,922,833 for construction of an allied
 health building located in Conroe, Texas; and
 (B)  $44,922,833 for construction of an active
 learning center located in Huntsville, Texas; and
 (7)  Texas State University:
 (A)  $111,921,496 for construction of a STEM
 classroom building located in San Marcos, Texas; and
 (B)  $52,409,972 for construction of a health
 professions building located in Round Rock, Texas.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of the Texas State University
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of the Texas State
 University System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1795.  UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL
 BONDS. (a) In addition to the other authority granted by this
 subchapter, the board of regents of the University of North Texas
 System may acquire, purchase, construct, improve, renovate,
 enlarge, or equip property and facilities, including roads and
 related infrastructure, for projects to be financed through the
 issuance of bonds in accordance with this subchapter and in
 accordance with a systemwide revenue financing program adopted by
 the board for the following institutions, not to exceed the
 following aggregate principal amounts for the projects specified,
 as follows:
 (1)  the University of North Texas, $113,400,000 for
 construction of a science and technology research building;
 (2)  the University of North Texas at Dallas,
 $100,000,000 for construction of a science building; and
 (3)  the University of North Texas Health Science
 Center at Fort Worth, $59,897,111 for campus space optimization and
 realignment.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of the University of North Texas
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of the University
 of North Texas System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system, the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1796.  TEXAS WOMAN'S UNIVERSITY; ADDITIONAL BONDS.
 (a) In addition to the other authority granted by this subchapter,
 the board of regents of Texas Woman's University may acquire,
 purchase, construct, improve, renovate, enlarge, or equip property
 and facilities, including roads and related infrastructure, for a
 health sciences center, to be financed through the issuance of
 bonds in accordance with this subchapter, not to exceed the
 aggregate principal amount of $100 million.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 Texas Woman's University, including student tuition charges. The
 amount of a pledge made under this subsection may not be reduced or
 abrogated while the bonds for which the pledge is made, or bonds
 issued to refund those bonds, are outstanding.
 (c)  In lieu of financing a project described by Subsection
 (a) for Texas Woman's University, the board may finance in the
 manner prescribed by that subsection an alternative project for
 deferred maintenance, infrastructure, or construction at the
 university in an amount not to exceed the total of the amount
 authorized for the project and any unspent amount from projects
 authorized for the university under this chapter. The board shall
 notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (d)  For financing of an alternative project as provided by
 Subsection (c) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1797.  STEPHEN F. AUSTIN STATE UNIVERSITY;
 ADDITIONAL BONDS. (a) In addition to the other authority granted
 by this subchapter, the board of regents of Stephen F. Austin State
 University may acquire, purchase, construct, improve, renovate,
 enlarge, or equip property and facilities, including roads and
 related infrastructure, for construction of an interdisciplinary
 and applied sciences building, to be financed through the issuance
 of bonds in accordance with this subchapter, not to exceed the
 aggregate principal amount of $44,922,833.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 Stephen F. Austin State University, including student tuition
 charges. The amount of a pledge made under this subsection may not
 be reduced or abrogated while the bonds for which the pledge is
 made, or bonds issued to refund those bonds, are outstanding.
 (c)  In lieu of financing a project described by Subsection
 (a) for Stephen F. Austin State University, the board may finance in
 the manner prescribed by that subsection an alternative project for
 deferred maintenance, infrastructure, or construction at the
 university in an amount not to exceed the total of the amount
 authorized for the project and any unspent amount from projects
 authorized for the university under this chapter. The board shall
 notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (d)  For financing of an alternative project as provided by
 Subsection (c) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1798.  TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL
 BONDS. (a) In addition to the other authority granted by this
 subchapter, the board of regents of the Texas Tech University
 System may acquire, purchase, construct, improve, renovate,
 enlarge, or equip property and facilities, including roads and
 related infrastructure, for projects to be financed through the
 issuance of bonds in accordance with this subchapter and in
 accordance with a systemwide revenue financing program adopted by
 the board for the following institutions, not to exceed the
 following aggregate principal amounts for the projects specified,
 as follows:
 (1)  Angelo State University, $36 million for a central
 plant maintenance and renovation;
 (2)  Texas Tech University:
 (A)  $72 million for renovations to address
 deferred maintenance for campus buildings; and
 (B)  $8 million for maintenance and program
 enhancement construction in Junction, Texas;
 (3)  Midwestern State University, $44,922,833 for
 renovations to an existing building and other campus infrastructure
 upgrades;
 (4)  Texas Tech University Health Sciences Center:
 (A)  $59,897,111 for maintenance and renovation
 of an existing facility; and
 (B)  $18,717,847 for construction and equipment
 of the physician assistant facility in Midland, Texas; and
 (5)  Texas Tech University Health Sciences Center at El
 Paso, $59,897,111 for construction of a dental school building.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of the Texas Tech University
 System, including student tuition charges. The amount of a pledge
 made under this subsection may not be reduced or abrogated while the
 bonds for which the pledge is made, or bonds issued to refund those
 bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of the Texas Tech
 University System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or university
 system, the board may finance in the manner prescribed by that
 subsection an alternative project for deferred maintenance,
 infrastructure, or construction at the same institution, entity, or
 system in an amount not to exceed the total of the amount authorized
 for the project and any unspent amount from projects authorized for
 the institution, entity, or system under this chapter. The board
 shall notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.1799.  TEXAS SOUTHERN UNIVERSITY; ADDITIONAL BONDS.
 (a) In addition to the other authority granted by this subchapter,
 the board of regents of Texas Southern University may acquire,
 purchase, construct, improve, renovate, enlarge, or equip property
 and facilities, including roads and related infrastructure, for
 projects to be financed through the issuance of bonds in accordance
 with this subchapter, not to exceed the following aggregate
 principal amounts for the projects specified, as follows:
 (1)  $22,800,000 for renovation of the Nabrit Building;
 (2)  $2,400,000 for upgrades to signage and wayfinding;
 (3)  $40 million for facility maintenance and
 renovation; and
 (4)  $30 million for construction of a health and
 wellness center.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 Texas Southern University, including student tuition charges. The
 amount of a pledge made under this subsection may not be reduced or
 abrogated while the bonds for which the pledge is made, or bonds
 issued to refund those bonds, are outstanding.
 (c)  In lieu of financing a project described by Subsection
 (a) for Texas Southern University, the board may finance in the
 manner prescribed by that subsection an alternative project for
 deferred maintenance, infrastructure, or construction at the
 university in an amount not to exceed the total of the amount
 authorized for the project and any unspent amount from projects
 authorized for the university under this chapter. The board shall
 notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (d)  For financing of an alternative project as provided by
 Subsection (c) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 Sec. 55.17991.  TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a)
 In addition to the other authority granted by this subchapter, the
 board of regents of the Texas State Technical College System may
 acquire, purchase, construct, improve, renovate, enlarge, or equip
 property and facilities, including roads and related
 infrastructure, for projects to be financed through the issuance of
 bonds in accordance with this subchapter for the following entity
 and institutions, not to exceed the following aggregate principal
 amounts for the projects specified, as follows:
 (1)  Texas State Technical College System, $33,300,000
 for the East Williamson County Higher Education Center expansion;
 (2)  Texas State Technical College--Fort Bend,
 $41,800,000 for Fort Bend County campus expansion;
 (3)  Texas State Technical College--Harlingen,
 $37,800,000 for Harlingen campus expansion;
 (4)  Texas State Technical College--Marshall, $15
 million for Marshall campus expansion;
 (5)  Texas State Technical College--North Texas, $13.5
 million for North Texas campus expansion;
 (6)  Texas State Technical College--West Texas, $13.5
 million for West Texas campus expansion; and
 (7)  Texas State Technical College--Waco, $53,600,000
 for Waco campus expansion.
 (b)  The board may pledge irrevocably to the payment of bonds
 authorized by this section all or any part of the revenue funds of
 an institution, branch, or entity of the Texas State Technical
 College System, including student tuition charges. The amount of a
 pledge made under this subsection may not be reduced or abrogated
 while the bonds for which the pledge is made, or bonds issued to
 refund those bonds, are outstanding.
 (c)  If sufficient funds are not available to the board to
 meet its obligations under this section, the board may transfer
 funds among institutions, branches, and entities of the Texas State
 Technical College System to ensure the most equitable and efficient
 allocation of available resources for each institution, branch, or
 entity to carry out its duties and purposes.
 (d)  In lieu of financing a project described by Subsection
 (a) for an institution of higher education, entity, or system, the
 board may finance in the manner prescribed by that subsection an
 alternative project for deferred maintenance, infrastructure, or
 construction at the same institution, entity, or system in an
 amount not to exceed the total of the amount authorized for the
 project and any unspent amount from projects authorized for the
 institution, entity, or system under this chapter. The board shall
 notify the Texas Higher Education Coordinating Board of an
 alternative project financed as provided by this subsection.
 (e)  For financing of an alternative project as provided by
 Subsection (d) in an amount that exceeds $25 million, the board must
 receive prior written approval from the governor and Legislative
 Budget Board. A request for approval of financing of an alternative
 project is considered approved unless the governor or the
 Legislative Budget Board issues a written disapproval not later
 than the 30th business day after the date of the receipt of the
 request.
 SECTION 3.  Subchapter B, Chapter 55, Education Code, is
 amended by adding Section 55.165 to read as follows:
 Sec. 55.165.  OVERSIGHT OF CERTAIN CAPITAL PROJECTS. (a)
 This section applies only to a capital project for which the
 issuance of bonds is specifically authorized under this chapter on
 or after October 1, 2021.
 (b)  Notwithstanding Section 2262.002(a), Government Code,
 or any other law, a project to which this section applies is subject
 to oversight by the contract advisory team in accordance with
 Subchapter C, Chapter 2262, Government Code, and the governing
 board of the institution of higher education or university system
 for which a project was authorized shall consult the contract
 advisory team before expending any funds for purposes of the
 project. The contract advisory team shall consider the model
 guidelines for procurement and construction developed by the
 capital project oversight advisory commission established by
 S.B. 52, 87th Legislature, 3rd Called Session, 2021, when
 consulting with a governing board for purposes of this subsection.
 (c)  Notwithstanding Section 322.020(f), Government Code, or
 any other law, the governing board of an institution of higher
 education or university system authorized to issue bonds for a
 project to which this section applies shall report any major
 contract as defined by Section 322.020(a), Government Code, that is
 entered into for purposes of the project to the major contracts
 database maintained by the Legislative Budget Board under Section
 322.020, Government Code, not later than the 30th day after the date
 the contract is executed.
 SECTION 4.  CAPITAL PROJECT OVERSIGHT ADVISORY COMMISSION.
 (a) The Capital Project Oversight Advisory Commission is composed
 of nine members as follows:
 (1)  the chair of the Senate Committee on Higher
 Education;
 (2)  one member of the senate appointed by the
 lieutenant governor;
 (3)  the chair of the House Committee on Higher
 Education;
 (4)  one member of the house of representatives
 appointed by the speaker of the house of representatives;
 (5)  one member of the public appointed by the
 lieutenant governor;
 (6)  one member of the public appointed by the speaker
 of the house of representatives;
 (7)  the chair of the Texas Facilities Commission;
 (8)  the commissioner of higher education; and
 (9)  one member of the public appointed by the governor
 to serve as chair of the commission.
 (b)  Appointments to the commission shall be made without
 regard to the race, color, disability, sex, religion, age, or
 national origin of the appointee.
 (c)  The commission, in consultation with the Legislative
 Budget Board and Comptroller of Public Accounts, shall develop
 model guidelines to be considered by public institutions of higher
 education and university systems for procurement and construction
 related to capital projects for which the issuance of bonds is
 specifically authorized under Chapter 55, Education Code.
 (d)  The commission may request reports and other
 information from the Texas Higher Education Coordinating Board
 relating to capital projects described by Subsection (c) of this
 section.
 (e)  Not later than March 31, 2022, the commission shall
 develop the model guidelines required by Subsection (c) of this
 section.
 (f)  Not later than December 1, 2022, the commission shall
 prepare and submit a report to the governor, lieutenant governor,
 and speaker of the house of representatives on the model guidelines
 developed under Subsection (c) of this section and recommendations
 for legislative or other action.
 (g)  The commission is abolished effective December 31,
 2022.
 SECTION 5.  This Act does not affect any authority or
 restriction regarding the activities that a public institution of
 higher education may conduct in connection with a facility financed
 by bonds authorized by this Act.
 SECTION 6.  This Act takes effect on the 91st day after the
 last day of the legislative session.
 ______________________________ ______________________________
 President of the Senate Speaker of the House
 I hereby certify that S.B. No. 52 passed the Senate on
 October 15, 2021, by the following vote:  Yeas 30, Nays 1;
 October 18, 2021, Senate refused to concur in House amendments and
 requested appointment of Conference Committee; October 18, 2021,
 House granted request of the Senate; October 18, 2021, Senate
 adopted Conference Committee Report by the following
 vote:  Yeas 30, Nays 1.
 ______________________________
 Secretary of the Senate
 I hereby certify that S.B. No. 52 passed the House, with
 amendments, on October 17, 2021, by the following vote:  Yeas 131,
 Nays 8, one present not voting; October 18, 2021, House granted
 request of the Senate for appointment of Conference Committee;
 October 18, 2021, House adopted Conference Committee Report by the
 following vote:  Yeas 111, Nays 4, one present not voting.
 ______________________________
 Chief Clerk of the House
 Approved:
 ______________________________
 Date
 ______________________________
 Governor