By: Ratliff S.B. No. 1841
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the abolition of the Texas eminent scholars program.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Subchapter I, Chapter 51, Education Code, is
1-4 repealed.
1-5 SECTION 2. (a) The eminent scholars fund in the state
1-6 treasury is abolished.
1-7 (b) Any restrictions under state law on the use of eligible
1-8 gifts or the disbursement of income from an eligible gift,
1-9 including any requirement of the provision of state matching funds
1-10 from the eminent scholars fund, are waived and abolished and any
1-11 requirement of any state action before the eligible gifts may be
1-12 used or income from the gifts may be disbursed are considered
1-13 fulfilled.
1-14 (c) The abolition of the Texas eminent scholars program does
1-15 not affect an action taken by an institution of higher education
1-16 relating to a gift to the Texas eminent scholars program made
1-17 before the effective date of this Act.
1-18 (d) An institution of higher education shall examine the
1-19 institution's records and make a good faith effort to notify each
1-20 person who made an eligible gift. In the notice, the institution
1-21 shall describe the abolition of the Texas eminent scholars program
1-22 and provide the name of a person at the institution to contact for
1-23 more information. The person making an eligible gift may request
1-24 the gift to be returned to the person.
2-1 (e) If an eligible gift is not requested to be returned or
2-2 if a donor, after a good faith effort by the institution, is not
2-3 able to be notified, the eligible gift vests in the institution.
2-4 (f) Eligible gifts not returned under Subsection (e) of this
2-5 section may be used for any purpose that is consistent with the
2-6 original intent of the person making an eligible gift to the Texas
2-7 eminent scholars program and that carries out the purpose of the
2-8 gift as nearly as is practicable. Income from eligible gifts may
2-9 be used for any purpose for which the income may have been used
2-10 under the Texas eminent scholars program.
2-11 (g) In this section, "eligible gift" means a gift made to an
2-12 institution of higher education under a written agreement that made
2-13 the gift conditional upon state matching funds being provided under
2-14 the Texas eminent scholars program.
2-15 SECTION 3. This Act takes effect September 1, 1999.
2-16 SECTION 4. The importance of this legislation and the
2-17 crowded condition of the calendars in both houses create an
2-18 emergency and an imperative public necessity that the
2-19 constitutional rule requiring bills to be read on three several
2-20 days in each house be suspended, and this rule is hereby suspended.