By:  Luna                                              S.B. No. 830
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to bonds issued by certain institutions of higher
    1-2  education.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Section 55.1714, Education Code, is amended by
    1-5  amending Subsections (a) and (c) to read as follows:
    1-6        (a)  In addition to the authority granted by Sections 55.13,
    1-7  55.14, 55.17, 55.172, and 55.19 of this code, the board of regents
    1-8  of The University of Texas System may acquire, purchase, construct,
    1-9  improve, renovate, enlarge, or equip property, buildings,
   1-10  structures, facilities, roads, or related infrastructure for the
   1-11  following institutions to be financed by the issuance of bonds in
   1-12  accordance with this subchapter, including bonds issued in
   1-13  accordance with its systemwide revenue financing program and
   1-14  secured as provided by that program, in aggregate principal amounts
   1-15  not to exceed the following amounts:
   1-16              (1)  The University of Texas at Brownsville, $23.5
   1-17  million;
   1-18              (2)  The University of Texas at El Paso, $23 million;
   1-19              (3)  The University of Texas-Pan American, $26 million;
   1-20              (4)  The University of Texas at San Antonio, $151.5
   1-21  <$63.5> million;
   1-22              (5)  The University of Texas Health Science Center at
   1-23  San Antonio, $25 million; and
    2-1              (6)  The University of Texas at Austin, $2 million.
    2-2        (c)  Of the proceeds of bonds issued under this section for
    2-3  The University of Texas at San Antonio, $53.0 <$20> million may be
    2-4  used only to acquire, purchase, construct, improve, renovate,
    2-5  enlarge, or equip an additional building or buildings at the <a>
    2-6  downtown campus for that university.  Proceeds of bonds issued
    2-7  under this section for The University of Texas at Austin may be
    2-8  used only to acquire, purchase, construct, renovate, enlarge, or
    2-9  equip the McDonald Observatory.
   2-10        SECTION 2.  The importance of this legislation and the
   2-11  crowded condition of the calendars in both houses create an
   2-12  emergency and an imperative public necessity that the
   2-13  constitutional rule requiring bills to be read on three several
   2-14  days in each house be suspended, and this rule is hereby suspended,
   2-15  and that this Act take effect and be in force from and after its
   2-16  passage, and it is so enacted.