By:  Montford                                         S.B. No. 1256
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to scholarships and loans for students enrolled in
    1-2  institutions of higher education and funds for repayment of certain
    1-3  physician education loans.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Subsections (g), and (h) of, Article 6675a-5J,
    1-6  Vernon's Texas Civil Statutes are amended to read as follows:
    1-7        (g)  The department shall deposit $25 of each fee collected
    1-8  under this section for the issuance of license plates designating a
    1-9  public senior college or university in the state treasury to the
   1-10  credit of the public senior college or university.  The funds may
   1-11  be used only for scholarships to student who demonstrate a need for
   1-12  financial assistance under the rules adopted by the Texas Higher
   1-13  Education Coordinating Board.  Funds deposited under this
   1-14  subsection are supplementary and are not income for purposes of
   1-15  reducing general revenue appropriation to the public senior college
   1-16  or university in the General Appropriations Act.  Section
   1-17  403.094(h), Government Code, does not apply to funds described in
   1-18  this subsection.
   1-19        (h)  The department shall deposit $25 of each fee collected
   1-20  under this section for the issuance of license plates designating a
   1-21  private institution or other public institutions of higher
   1-22  education not included in Subsection (g) of this section in the
   1-23  state treasury to the credit of the Texas Higher Education
    2-1  Coordinating Board for allocation to students at the designated
    2-2  public or private institutions of higher education.  The funds may
    2-3  only be used for awarding scholarships to students who demonstrate
    2-4  a need for financial assistance under rules adopted by the Texas
    2-5  Higher Education Coordinating Board.  Funds deposited under this
    2-6  subsection shall be allocated for awarding scholarships to eligible
    2-7  students at the designated institution in addition to any amounts
    2-8  that otherwise are available for allocation.  Section 403.094(h),
    2-9  Government Code does not apply to funds described in this
   2-10  subsection.
   2-11        SECTION 2.  Section 61.539, Texas Education Code, is amended
   2-12  by adding Subsection (c) to read as follows:
   2-13        (c)  Section 403.094(h), Government Code does not apply to
   2-14  funds described in this subchapter.
   2-15        SECTION 3.  Subsection (c) of Article 41a-1, Vernon's Texas
   2-16  Civil Statutes is amended to read as follows:
   2-17        (c)  Each fee collected under this section shall be deposited
   2-18  in the state treasury to the credit of a special fund to be known
   2-19  as the scholarship fund for fifth-year accounting students.
   2-20  Section 403.094(h), Government Code does not apply to funds
   2-21  described in this section.  The fund may be used only by the Texas
   2-22  Higher Education Coordinating Board for providing scholarships to
   2-23  accounting students in the fifth year of a program that would
   2-24  qualify the recipient to apply to become a certified public
   2-25  accountant, as provided by Subchapter N, Chapter 61, Education
    3-1  Code, and by the Texas Higher Education Coordinating Board and the
    3-2  Texas State Board of Public Accountancy for paying associated
    3-3  administrative costs, subject to Subsection (e) of this section.
    3-4        SECTION 4.  The importance of this legislation and the
    3-5  crowded condition of the calendars in both houses create an
    3-6  emergency and an imperative public necessity that the
    3-7  constitutional rule requiring bills to be read on three several
    3-8  days in each house be suspended, and this rule is hereby suspended,
    3-9  and that this Act take effect and be in force from and after its
   3-10  passage, and it is so enacted.