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.