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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 86(R)

Senate Bill 1504

Senate Author:  Zaffirini et al.

Effective:  6-10-19

House Sponsor:  Thierry


            Senate Bill 1504 amends the Education Code to postpone to September 1, 2024, the date on which the Texas B‑On‑time student loan account is abolished and to restrict the purpose for which any money remaining in the account on that date that is appropriated to an eligible institution may be used by the institution to increasing the number of at‑risk students who graduate from the institution or the rate at which at‑risk students graduate from the institution.