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A BILL TO BE ENTITLED
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AN ACT
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relating to an annual report on financial support provided by |
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public institutions of higher education to nonprofit media |
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organizations. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter Z, Chapter 51, Education Code, is |
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amended by adding Section 51.980 to read as follows: |
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Sec. 51.980. ANNUAL REPORT ON FINANCIAL SUPPORT PROVIDED TO |
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NONPROFIT MEDIA ORGANIZATIONS. (a) In this section: |
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(1) "Coordinating board" means the Texas Higher |
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Education Coordinating Board. |
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(2) "Institution of higher education" has the meaning |
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assigned by Section 61.003. |
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(3) "Nonprofit media organization" means a media |
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organization that is exempt from federal income tax under Section |
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501(a), Internal Revenue Code of 1986, by being listed as an exempt |
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organization in Section 501(c)(3) of that code. |
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(b) Not later than September 1 of each year, an institution |
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of higher education shall submit to the coordinating board a report |
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on financial support, including through the purchase of a |
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membership, sponsorship, or advertising services, that the |
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institution provided to a nonprofit media organization during the |
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preceding state fiscal year. |
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(c) A report submitted under Subsection (b) must include a |
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list of all nonprofit media organizations that received financial |
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support from the institution of higher education and the amount of |
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financial support provided to each organization. |
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(d) Not later than January 1 of each year, the coordinating |
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board shall submit to the legislature a report on financial support |
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provided to nonprofit media organizations by institutions of higher |
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education during the preceding state fiscal year. The report must |
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include a copy of each report submitted to the coordinating board |
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under Subsection (b) for the preceding state fiscal year. |
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(e) The coordinating board may adopt rules as necessary to |
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implement this section. |
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SECTION 2. (a) Not later than September 1, 2023, each |
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public institution of higher education shall submit its initial |
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report required under Section 51.980(b), Education Code, as added |
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by this Act. |
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(b) Not later than January 1, 2024, the Texas Higher |
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Education Coordinating Board shall submit its initial report |
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required under Section 51.980(d), Education Code, as added by this |
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Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2023. |