By Sibley                                              S.B. No. 726
       74R2516 SMH-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to appropriations to an institution of higher education
    1-3  for energy costs.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 51.927, Education Code, is amended by
    1-6  adding Subsection (j) to read as follows:
    1-7        (j)  The legislature shall base an institution's
    1-8  appropriation for energy costs during a fiscal year on the sum of:
    1-9              (1)  the institution's estimated energy costs for that
   1-10  fiscal year; and
   1-11              (2)  if a contract under this section is in effect, 50
   1-12  percent of the institution's estimated net savings resulting  from
   1-13  the contract during the contract term, divided by the number of
   1-14  years in the contract term.
   1-15        SECTION 2.  (a)  This Act takes effect September 1, 1995.
   1-16        (b)  This Act does not apply to an appropriation enacted
   1-17  before the effective date of this Act, without regard to the period
   1-18  for which the appropriation is made.
   1-19        SECTION 3.  The importance of this legislation and the
   1-20  crowded condition of the calendars in both houses create an
   1-21  emergency and an imperative public necessity that the
   1-22  constitutional rule requiring bills to be read on three several
   1-23  days in each house be suspended, and this rule is hereby suspended.