1-1 By: Cuellar (Senate Sponsor - Zaffirini) H.B. No. 2555 1-2 (In the Senate - Received from the House April 23, 1999; 1-3 April 26, 1999, read first time and referred to Committee on 1-4 Education; May 6, 1999, reported favorably by the following vote: 1-5 Yeas 7, Nays 0; May 6, 1999, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to prepaid tuition for graduate and professional degree 1-9 programs at public institutions of higher education. 1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-11 SECTION 1. Subchapter F, Chapter 54, Education Code, is 1-12 amended by adding Section 54.6245 to read as follows: 1-13 Sec. 54.6245. GRADUATE AND PROFESSIONAL DEGREE PLANS. 1-14 (a) The board may establish one or more plans to allow a person to 1-15 prepay all or part of the tuition and required fees for enrollment 1-16 in a graduate or professional degree program at an institution of 1-17 higher education, if the board determines that: 1-18 (1) a particular plan is feasible; and 1-19 (2) there is sufficient demand for the plan to justify 1-20 administration of the plan. 1-21 (b) The board may limit a plan established under this 1-22 section to a specified field or fields of study, to a specified 1-23 level or type of degree, or to a specified number of hours or 1-24 semesters, as the board considers appropriate. 1-25 (c) The board is not required to continue offering a plan 1-26 established under this section in subsequent years. 1-27 (d) The board may modify the terms of a prepaid tuition 1-28 contract otherwise required by this subchapter for a plan 1-29 established under this section as the board considers necessary. 1-30 SECTION 2. The importance of this legislation and the 1-31 crowded condition of the calendars in both houses create an 1-32 emergency and an imperative public necessity that the 1-33 constitutional rule requiring bills to be read on three several 1-34 days in each house be suspended, and this rule is hereby suspended, 1-35 and that this Act take effect and be in force from and after its 1-36 passage, and it is so enacted. 1-37 * * * * *