1-1     By:  West                                             S.B. No. 1575
 1-2           (In the Senate - Filed March 12, 1999; March 15, 1999, read
 1-3     first time and referred to Committee on Education; April 26, 1999,
 1-4     reported adversely, with favorable Committee Substitute by the
 1-5     following vote:  Yeas 7, Nays 0; April 26, 1999, sent to printer.)
 1-6     COMMITTEE SUBSTITUTE FOR S.B. No. 1575                    By:  West
 1-7                            A BILL TO BE ENTITLED
 1-8                                   AN ACT
 1-9     relating to the deposit of excess proprietary school fees to the
1-10     proprietary school tuition protection fund.
1-11           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12           SECTION 1.  Section 132.241, Education Code, is amended by
1-13     adding Subsection (e) to read as follows:
1-14           (e)  If at the end of a fiscal year the commission determines
1-15     that it has collected fees under this chapter in excess of the
1-16     amount necessary to defray the cost and expense of administering
1-17     this chapter, the commission may transfer any portion of the excess
1-18     amount to the tuition protection fund.  The balance of the fund may
1-19     not exceed an amount greater than $250,000.
1-20           SECTION 2.  This Act takes effect September 1, 1999.
1-21           SECTION 3.  The importance of this legislation and the
1-22     crowded condition of the calendars in both houses create an
1-23     emergency and an imperative public necessity that the
1-24     constitutional rule requiring bills to be read on three several
1-25     days in each house be suspended, and this rule is hereby suspended.
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