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Senate Bill 44 |
Senate Author: Zaffirini |
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Effective: 9-1-15 |
House Sponsor: Howard |
Current law entitles an institution of higher education that is designated as an emerging research university under the Texas Higher Education Coordinating Board's accountability system to receive a matching grant under the Texas Research Incentive Program (TRIP) for gifts or endowments from a private source for the purpose of enhancing research activities at the institution. Senate Bill 44 amends the Education Code to entitle such an institution to a matching grant for a gift or endowment for undergraduate research and specifies that an institution is not entitled to receive matching funds under TRIP for a gift for undergraduate financial aid grants.