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A BILL TO BE ENTITLED
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AN ACT
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relating to the accreditation of private or independent |
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institutions of higher education. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 61.003(15), Education Code, is amended |
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to read as follows: |
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(15) "Private or independent institution of higher |
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education" includes only a private or independent college or |
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university that is: |
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(A) organized under the Texas Non-Profit |
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Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil |
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Statutes); |
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(B) exempt from taxation under Article VIII, |
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Section 2, of the Texas Constitution and Section 501(c)(3) of the |
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Internal Revenue Code of 1986 (26 U.S.C. Section 501); and |
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(C) accredited by: |
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(i) the Commission on Colleges of the |
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Southern Association of Colleges and Schools; |
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(ii) the Liaison Committee on Medical |
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Education; [or] |
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(iii) the American Bar Association; or |
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(iv) a recognized accrediting agency. |
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SECTION 2. This Act takes effect September 1, 2023. |