Enrolled Bill Summary

            House Bill 621 provides for the conversion of the Texas Chiropractic College from a private institution operated as a Texas nonprofit corporation to a public institution of higher education under the management and control of a university system, provided that the Texas Higher Education Coordinating Board finds a compelling public need or state interest in its establishment as a public institution. The act requires the board to determine whether there is such a public need or state interest by August 31, 1998, and, if so, to determine which university system is best suited to assume governance of the college. If the college's board of trustees and the university system's board of regents agree and the coordinating board approves, House Bill 621 provides for the transfer of assets, powers and duties, and contractual obligations of the college and its board of trustees to the university system's board of regents, effective September 1, 1998.

            The act specifies that the chiropractic college is not entitled to benefits from either the Permanent University Fund or the Higher Education Fund.