By Maxey H.B. No. 538 75R2882 GCH-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the distribution of general revenue appropriations to 1-3 certain institutions of higher education. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter A, Chapter 51, Education Code, is 1-6 amended by adding Section 51.010 to read as follows: 1-7 Sec. 51.010. DISTRIBUTION OF GENERAL REVENUE APPROPRIATIONS. 1-8 (a) Except as provided by Subsections (b) and (c), the comptroller 1-9 shall distribute appropriations made by the legislature to an 1-10 institution of higher education, other than an appropriation of 1-11 money credited to a separate account for the institution under 1-12 Section 51.008(b), in equal monthly installments on the first 1-13 business day of each month. 1-14 (b) If the comptroller determines that an institution of 1-15 higher education has an unusual need for an appropriation subject 1-16 to distribution under Subsection (a), the comptroller may 1-17 distribute all or part of a monthly installment early. 1-18 (c) This section does not apply to an appropriation to a 1-19 public junior or community college. 1-20 (d) In this section: 1-21 (1) "Institution of higher education," except to the 1-22 extent limited by Subsection (c), has the meaning assigned by 1-23 Section 61.003. 1-24 (2) "Public junior or community college" has the 2-1 meaning assigned "public junior college" by Section 61.003. 2-2 SECTION 2. This Act takes effect September 1, 1997. 2-3 SECTION 3. The importance of this legislation and the 2-4 crowded condition of the calendars in both houses create an 2-5 emergency and an imperative public necessity that the 2-6 constitutional rule requiring bills to be read on three several 2-7 days in each house be suspended, and this rule is hereby suspended.