Texas 2025 - 89th Regular

Texas Senate Bill SB1701

Voted on by Senate
 
Out of House Committee
 
Voted on by House
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the health care professional education fund.

Impact

The bill envisions a structured governance through the Texas Treasury Safekeeping Trust Company, which will administer and invest the health care professional education fund. The distribution of funds will not surpass 7% of the fund's average market value and will be allocated primarily to a permanent endowment with a smaller portion directed toward startup costs for new programs. This model encourages responsible fiscal management while supporting the education sector in producing qualified health care professionals.

Summary

SB1701 establishes a health care professional education fund aimed at increasing the production of health care professional degrees in Texas. The bill mandates the allocation of funds to general academic teaching institutions, enabling them to expand or initiate degree programs geared towards addressing workforce needs in the healthcare sector. This initiative is particularly crucial in light of the ongoing demand for healthcare professionals within the state to meet increasing population health requirements.

Contention

Notably, the bill's effectiveness hinges on a constitutional amendment proposed to voters that endorses the establishment of the Texas Health Care Workforce Education Fund. If this amendment does not pass, SB1701 will have no legal bearing. Such a provision spurs discussions around the potential for citizen engagement in educational funding and the importance of healthcare workforce development as a critical state priority.

Texas Constitutional Statutes Affected

Education Code

  • Chapter 62. Constitutional And Statutory Funds To Support Institutions Of Higher Education
    • Section: New Section

Companion Bills

TX SJR62

Enabling for Proposing a constitutional amendment establishing the Texas Health Care Workforce Education Fund to provide funding to eligible institutions of higher education to address Texas' health care workforce needs and drive the state economy.

TX HB5265

Identical Relating to the Texas Health Care Workforce Education Fund.

Previously Filed As

TX SB1058

Relating to the university research fund and eligibility to receive money from the national research university fund.

TX SB19

Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy; redesignating the national research university fund as the Texas University Fund.

TX HB1595

Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy.

TX HB1

Relating to primary and secondary education, including the certification, compensation, and health coverage of certain public school employees, the public school finance system, special education in public schools, the establishment of an education savings account program, measures to support the education of public school students that include certain educational grant programs, reading instruction, and early childhood education, the provision of virtual education, and public school accountability.

TX HB1

Relating to primary and secondary education, including the certification, compensation, and health coverage of certain public school employees, the public school finance system, special education in public schools, the establishment of an education savings account program, measures to support the education of public school students that include certain educational grant programs, reading instruction, and early childhood education, the provision of virtual education, and public school accountability.

TX HB8

Relating to public higher education, including the public junior college state finance program.

TX SB25

Relating to support for nursing-related postsecondary education, including scholarships to nursing students, loan repayment assistance to nurses and nursing faculty, and grants to nursing education programs.

TX SB1

Relating to the establishment of an education savings account program.

TX SB1

Relating to the establishment of an education savings account program.

TX HB4154

Relating to the establishment of the Texas Mental Health Care Enterprise Fund and the granting of license reciprocity to certain mental health professionals.

Similar Bills

TX HB5265

Relating to the Texas Health Care Workforce Education Fund.

TX HB4471

Relating to the professional nursing shortage reduction program.

TX HB546

Relating to the application of certain programs that support certain occupation-related postsecondary educational programs and students of those programs.

TX SB1758

Relating to the application of certain occupation-related postsecondary educational financial aid and student loan repayment programs.

TX HB3382

Relating to the application of certain occupation-related postsecondary educational financial aid and student loan repayment programs.

TX SB239

Relating to student loan repayment assistance for certain mental health professionals.

TX HB1241

Relating to student loan repayment assistance for certain mental health professionals.

TX HB2434

Relating to student loan repayment assistance for certain mental health professionals.