S.B. No. 239
                                        AN ACT
    1-1  relating to funding for certain public institutions of higher
    1-2  education.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Subchapter C, Chapter 61, Education Code, is
    1-5  amended by adding Section 61.0592 to read as follows:
    1-6        Sec. 61.0592.  FUNDING FOR CERTAIN FOUR-YEAR INSTITUTIONS.
    1-7  (a)  This section applies to Texas A&M University -- Corpus Christi
    1-8  and The University of Texas of the Permian Basin.
    1-9        (b)  Notwithstanding Section 61.059 of this code, a formula
   1-10  adopted by the board under that section that provides a
   1-11  differential rate for each semester credit hour between four-year
   1-12  general academic teaching institutions and upper-level institutions
   1-13  shall be modified and applied as provided by this section to a
   1-14  university to which this section applies.
   1-15        (c)  In addition to other funding that a university to which
   1-16  this section applies is entitled to receive, the university is
   1-17  entitled to receive additional funds in accordance with this
   1-18  section.
   1-19        (d)  The formula for four-year general academic teaching
   1-20  institutions shall be applied to all lower-division semester credit
   1-21  hours at a university to which this section applies.
   1-22        (e)  For the first two state fiscal years that begin after a
   1-23  university to which this section applies first admits
   1-24  lower-division students or offers lower-division courses, the
    2-1  formula for upper-level general academic teaching institutions
    2-2  shall be applied to upper-division semester credit hours at the
    2-3  university.
    2-4        (f)  Beginning with the third state fiscal year that begins
    2-5  after a university to which this section applies first admits
    2-6  lower-division students or offers lower-division courses, the
    2-7  formula for four-year general academic teaching institutions shall
    2-8  be applied to upper-division semester credit hours at the
    2-9  university, except that the board shall modify the formula to
   2-10  provide the university additional funding equal to a percent of the
   2-11  difference between the amount derived from the application of the
   2-12  four-year formula to the university's upper-division semester
   2-13  credit hours and the amount derived from the application of the
   2-14  upper-level formula to those semester credit hours.  The percent to
   2-15  be applied to that difference is 87.5 percent for the first fiscal
   2-16  year to which this subsection applies and is reduced by 12.5
   2-17  percentage points for each subsequent fiscal year.
   2-18        SECTION 2.  The importance of this legislation and the
   2-19  crowded condition of the calendars in both houses create an
   2-20  emergency and an imperative public necessity that the
   2-21  constitutional rule requiring bills to be read on three several
   2-22  days in each house be suspended, and this rule is hereby suspended,
   2-23  and that this Act take effect and be in force from and after its
   2-24  passage, and it is so enacted.