By Goolsby H.B. No. 3295
76R9362 CAG-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the deposit of excess proprietary school fees to the
1-3 proprietary school tuition protection fund.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 132.241, Education Code, is amended by
1-6 adding Subsection (e) to read as follows:
1-7 (e) If at the end of a fiscal year the commission determines
1-8 that it has collected fees under this chapter in excess of the
1-9 amount necessary to defray the cost and expense of administering
1-10 this chapter, the commission may transfer any portion of the excess
1-11 amount to the tuition protection fund.
1-12 SECTION 2. This Act takes effect September 1, 1999.
1-13 SECTION 3. The importance of this legislation and the
1-14 crowded condition of the calendars in both houses create an
1-15 emergency and an imperative public necessity that the
1-16 constitutional rule requiring bills to be read on three several
1-17 days in each house be suspended, and this rule is hereby suspended.