By Hirschi H.B. No. 2067
74R7099 JSA-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the issuance of bonds by Midwestern State University.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subchapter B, Chapter 55, Education Code, is
1-5 amended by adding Section 55.173 to read as follows:
1-6 Sec. 55.173. MIDWESTERN STATE UNIVERSITY. (a) The board of
1-7 regents of Midwestern State University may construct and equip a
1-8 classroom-laboratory facility to support the university's allied
1-9 health science programs, including nursing, radiological
1-10 technology, dental hygiene, and respiratory care, and programs in
1-11 the social and behavorial sciences, political science, and criminal
1-12 justice at the university, to be financed by the issuance of bonds
1-13 in accordance with this subchapter in the aggregate principal
1-14 amount of $9 million. The authority granted by this section is in
1-15 addition to authority granted to the board by another section of
1-16 this subchapter.
1-17 (b) The board may pledge irrevocably to the payment of those
1-18 bonds all or any part of the revenue funds of Midwestern State
1-19 University, including student tuition charges required or
1-20 authorized by law to be imposed on students enrolled at the
1-21 university. The amount of a pledge made under this subsection may
1-22 not be reduced or abrogated while the bonds for which the pledge is
1-23 made, or bonds issued to refund those bonds, are outstanding.
1-24 SECTION 2. The importance of this legislation and the
2-1 crowded condition of the calendars in both houses create an
2-2 emergency and an imperative public necessity that the
2-3 constitutional rule requiring bills to be read on three several
2-4 days in each house be suspended, and this rule is hereby suspended,
2-5 and that this Act take effect and be in force from and after its
2-6 passage, and it is so enacted.