SRC-AAA S.B. 1321 75(R)   BILL ANALYSIS


Senate Research Center   S.B. 1321
By: Barrientos
Finance
4-22-97
As Filed


DIGEST 

Currently, the Early High School Graduation Scholarship Program
administered by the Texas Higher Education Coordinating Board offers $1000
scholarships to students who graduate from Texas public high schools in
three years.  This bill establishes guidelines regarding the transfer of
funds from the Texas Education Agency to the Higher Education Coordinating
Board for the Early High School Graduation Scholarship Program. 

PURPOSE

As proposed, S.B. 1321 establishes guidelines regarding the transfer of
funds from the Texas Education Agency to the Higher Education Coordinating
Board for the Early High School Graduation Scholarship Program. 

RULEMAKING AUTHORITY

This bill does not grant any additional rulemaking authority to a state
officer, institution, or agency. 

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 56.207, Education Code, to delete Subsection (a)
relating to actions of the Texas Higher Education Coordinating Board
(coordinating board).  Provides for a transfer from the Foundation School
Program to pay each institution of higher education eligible under Section
56.206(c), Education Code, to receive reimbursement for the state tuition
credit applied by the institution  during the period covered by the
report, rather than reimbursing the coordinating board for amounts
disbursed in payment of state tuition credits.  Requires the coordinating
board to distribute the funds to each eligible institution. 

SECTION 2. Effective date: September 1, 1997.

SECTION 3. Emergency clause.