75R14073 JSA-D By Truan S.B. No. 1040 Substitute the following for S.B. No. 1040: By Dunnam C.S.S.B. No. 1040 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to programs of institutions of higher education that 1-3 address small business research and development. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter C, Chapter 61, Education Code, is 1-6 amended by adding Section 61.0775 to read as follows: 1-7 Sec. 61.0775. BUSINESS RESEARCH AND DEVELOPMENT. (a) The 1-8 board shall designate an institution of higher education with 1-9 appropriate facilities and resources to conduct a continuing study 1-10 of the programs and other efforts of institutions of higher 1-11 education to address the needs of small businesses in this state 1-12 for assistance in research, development, and prototyping. 1-13 (b) At times the board considers appropriate, the 1-14 institution conducting the continuing study shall make 1-15 recommendations on actions that may be taken to address the needs 1-16 of small businesses as described by Subsection (a) in the most 1-17 cost-effective manner, including through the participation of 1-18 institutions of higher education in partnerships, ventures, or 1-19 projects that promote the commercialization of technology for or by 1-20 small businesses. The board shall deliver the recommendations to 1-21 appropriate institutions of higher education and to the 1-22 legislature. 1-23 SECTION 2. This Act takes effect September 1, 1997. 1-24 SECTION 3. The importance of this legislation and the 2-1 crowded condition of the calendars in both houses create an 2-2 emergency and an imperative public necessity that the 2-3 constitutional rule requiring bills to be read on three several 2-4 days in each house be suspended, and this rule is hereby suspended.