By: Truan S.B. No. 1040
A BILL TO BE ENTITLED
AN ACT
1-1 relating to programs of institutions of higher education that
1-2 address small business research and development.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subchapter C, Chapter 61, Education Code, is
1-5 amended by adding Section 61.0775 to read as follows:
1-6 Sec. 61.0775. BUSINESS RESEARCH AND DEVELOPMENT. (a) The
1-7 board shall conduct a continuing study of the programs and other
1-8 efforts of institutions of higher education to address the needs of
1-9 small businesses in this state for assistance in research,
1-10 development, and prototyping.
1-11 (b) At times the board considers appropriate, the board
1-12 shall make recommendations to appropriate institutions of higher
1-13 education or the legislature on actions that may be taken to
1-14 address the needs of small businesses as described by Subsection
1-15 (a) in the most cost-effective manner, including through the
1-16 participation by institutions of higher education in partnerships,
1-17 ventures, or projects that promote the commercialization of
1-18 technology for or by small businesses.
1-19 SECTION 2. This Act takes effect September 1, 1997.
1-20 SECTION 3. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
2-1 days in each house be suspended, and this rule is hereby suspended.