| 1 | 1 | | 88R7078 DIO-D |
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| 2 | 2 | | By: Perry S.B. No. 779 |
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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 the use of scholarship money awarded by the Texas State |
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| 8 | 8 | | Board of Public Accountancy to certain fifth-year accounting |
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| 9 | 9 | | students. |
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| 10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 11 | 11 | | SECTION 1. Section 901.656(a), Occupations Code, is amended |
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| 12 | 12 | | to read as follows: |
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| 13 | 13 | | (a) The board shall determine the maximum amount of any |
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| 14 | 14 | | scholarship awarded under this subchapter. The scholarship may be |
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| 15 | 15 | | spent by the recipient on the expenses for tuition, fees, books, |
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| 16 | 16 | | supplies, and living expenses incurred by the student in connection |
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| 17 | 17 | | with the student's fifth year of an accounting program and for |
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| 18 | 18 | | review courses to prepare the recipient for uniform CPA |
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| 19 | 19 | | examinations described by Section 901.301. Scholarships shall be |
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| 20 | 20 | | made available to eligible students attending: |
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| 21 | 21 | | (1) any institution of higher education; or |
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| 22 | 22 | | (2) any nonprofit independent institution approved by |
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| 23 | 23 | | the Texas Higher Education Coordinating Board under Section 61.222, |
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| 24 | 24 | | Education Code. |
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| 25 | 25 | | SECTION 2. This Act takes effect September 1, 2023. |
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