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Senate Bill 256 |
Senate Author: Estes |
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Effective: 5-27-09 |
House Sponsor: Farabee |
Senate Bill 256 amends the Education Code to authorize the board of regents of Midwestern State University to charge each student an intercollegiate athletics fee in an amount not to exceed the lesser of $10 per semester credit hour or $120 for each regular semester or each summer session of more than six weeks, or $60 for each summer session of six weeks or less, to develop and maintain an intercollegiate athletics program at the university. The bill makes the initial levy and any increase in the fee amount of more than 10 percent of the amount of the fee charged for the same semester or summer session in the preceding academic year subject to approval by a majority vote of the students voting at an election held for that purpose and specifies that the fee is not considered in determining the maximum amount of student services fees that may be charged. The bill requires the university's chief fiscal officer to collect the fee and to deposit the revenue in an account to be known as the Midwestern State University intercollegiate athletics fee account. The bill prohibits the fee from being charged after the fifth academic year in which the fee is first charged unless, before the end of that academic year, the institution of higher education has issued bonds payable from the fee, in which event the fee may not be charged after the academic year in which all such bonds, including refunding bonds for those bonds, have been fully paid.