By Junell, Gallego, King of Uvalde, Raymond, H.B. No. 658 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to authorizing the issuance of revenue bonds to fund 1-3 capital projects at public institutions of higher education. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Subchapter B, Chapter 55, Education Code, is 1-6 amended by adding Sections 55.1731, 55.1732, 55.1733, 55.1734, 1-7 55.1735, 55.1736, 55.1737, 55.1738, 55.1739, 55.17391, and 55.17392 1-8 to read as follows: 1-9 Sec. 55.1731. THE TEXAS A&M UNIVERSITY SYSTEM; ADDITIONAL 1-10 BONDS. (a) In addition to the other authority granted by this 1-11 subchapter, the board of regents of The Texas A&M University System 1-12 may issue in accordance with this subchapter and in accordance with 1-13 a systemwide revenue financing program adopted by the board bonds 1-14 for the following institutions not to exceed the following 1-15 aggregate principal amounts to finance projects specified as 1-16 follows: 1-17 (1) Prairie View A&M University: 1-18 (A) $12 million to construct or renovate 1-19 engineering facilities; 1-20 (B) $26 million to construct and renovate an 1-21 architecture building; 1-22 (C) $15 million for other campus renovations; 1-23 and 1-24 (D) $15 million to construct a juvenile justice 1-25 and psychology building; 2-1 (2) Tarleton State University, $19.8 million for a 2-2 library addition and renovation of a mathematics building; 2-3 (3) Texas A&M University--Commerce, $15,840,000 to 2-4 replace a science building wing; 2-5 (4) Texas A&M University--Corpus Christi, $36 million 2-6 to construct a classroom and laboratory facility and for 2-7 construction of the Harte Research Center; 2-8 (5) Texas A&M International University, $18,620,000 to 2-9 construct a science building (Phase IV); 2-10 (6) Texas A&M University at Galveston, $10,620,000 to 2-11 construct an engineering building; 2-12 (7) Texas A&M University--Kingsville: 2-13 (A) $11.6 million to construct facilities for a 2-14 pharmacy school; and 2-15 (B) $10.8 million to construct a student 2-16 services building; 2-17 (8) Texas A&M University--Texarkana, $18 million to 2-18 construct a health science building and for library renovation; 2-19 (9) West Texas A&M University, $24,120,000 to 2-20 construct a fine arts complex; and 2-21 (10) The Texas A&M University Health Science Center, 2-22 $12,870,000 for construction of classroom and faculty office 2-23 facilities for the School of Rural Public Health. 2-24 (b) The board may pledge irrevocably to the payment of those 2-25 bonds all or any part of the revenue funds of an institution, 2-26 branch, or entity of The Texas A&M University System, including 2-27 student tuition charges. The amount of a pledge made under this 3-1 subsection may not be reduced or abrogated while the bonds for 3-2 which the pledge is made, or bonds issued to refund those bonds, 3-3 are outstanding. 3-4 (c) If sufficient funds are not available to the board to 3-5 meet its obligations under this section, the board may transfer 3-6 funds among institutions, branches, and entities of The Texas A&M 3-7 University System to ensure the most equitable and efficient 3-8 allocation of available resources for each institution, branch, or 3-9 entity to carry out its duties and purposes. 3-10 (d) Any portion of the proceeds of bonds authorized by this 3-11 section for one or more specified projects at an institution that 3-12 is not required for the specified projects may be used to renovate 3-13 existing structures and facilities at the institution. 3-14 (e) The bonds authorized by Subsection (a)(1)(D) for Prairie 3-15 View A&M University may not be issued before March 1, 2003. 3-16 Sec. 55.1732. THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL 3-17 BONDS. (a) In addition to the other authority granted by this 3-18 subchapter, the board of regents of The University of Texas System 3-19 may issue in accordance with this subchapter and in accordance with 3-20 a systemwide revenue financing program adopted by the board bonds 3-21 for the following institutions not to exceed the following 3-22 aggregate principal amounts to finance projects specified as 3-23 follows: 3-24 (1) The University of Texas at Arlington, $10,775,000 3-25 to construct a science building; 3-26 (2) The University of Texas at Brownsville, 3-27 $27,540,000 to construct a life and health science and education 4-1 facility (Phase II); 4-2 (3) The University of Texas at Dallas, $15 million to 4-3 renovate Founders Hall, Founders Annex, and Berkner Hall; 4-4 (4) The University of Texas at El Paso, $6,250,000 to 4-5 construct a biomedical and health sciences research center; 4-6 (5) The University of Texas--Pan American, $31.5 4-7 million for education complex, library, and multipurpose center 4-8 renovation and construction; 4-9 (6) The University of Texas of the Permian Basin: 4-10 (A) $2.5 million for integrated Mesa Building 4-11 renovations; and 4-12 (B) $250,000 for gymnasium renovations; 4-13 (7) The University of Texas at San Antonio, $8,750,000 4-14 to construct a science building on the main campus; 4-15 (8) The University of Texas at Tyler, $9 million to 4-16 construct an engineering, sciences, and technology building; 4-17 (9) The University of Texas Southwestern Medical 4-18 Center at Dallas, $40 million for North Campus phase IV 4-19 construction; 4-20 (10) The University of Texas Medical Branch at 4-21 Galveston, $18 million to renovate and expand research facilities; 4-22 (11) The University of Texas Health Science Center at 4-23 Houston, $13,770,000 to construct a classroom building; 4-24 (12) The University of Texas Health Science Center at 4-25 San Antonio, $16.2 million to construct a facility for student 4-26 services and academic administration; 4-27 (13) the Regional Academic Health Center established 5-1 under Section 74.611, $27 million to construct a teaching and 5-2 learning laboratory in or near the city of Harlingen; 5-3 (14) The University of Texas Health Center at Tyler, 5-4 $9,630,000 to construct a biomedical research center addition; and 5-5 (15) The University of Texas M. D. Anderson Cancer 5-6 Center, $13,847,328 to construct a basic sciences research 5-7 building. 5-8 (b) The board may pledge irrevocably to the payment of those 5-9 bonds all or any part of the revenue funds of an institution, 5-10 branch, or entity of The University of Texas System, including 5-11 student tuition charges. The amount of a pledge made under this 5-12 subsection may not be reduced or abrogated while the bonds for 5-13 which the pledge is made, or bonds issued to refund those bonds, 5-14 are outstanding. 5-15 (c) If sufficient funds are not available to the board to 5-16 meet its obligations under this section, the board may transfer 5-17 funds among institutions, branches, and entities of The University 5-18 of Texas System to ensure the most equitable and efficient 5-19 allocation of available resources for each institution, branch, or 5-20 entity to carry out its duties and purposes. 5-21 (d) Any portion of the proceeds of bonds authorized by this 5-22 section for one or more specified projects at an institution that 5-23 is not required for the specified projects may be used to renovate 5-24 existing structures and facilities at the institution. 5-25 Sec. 55.1733. THE UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL 5-26 BONDS. (a) In addition to the other authority granted by this 5-27 subchapter, the board of regents of the University of Houston 6-1 System may issue in accordance with this subchapter and in 6-2 accordance with a systemwide revenue financing program adopted by 6-3 the board bonds for the following institutions not to exceed the 6-4 following aggregate principal amounts to finance projects specified 6-5 as follows: 6-6 (1) the University of Houston, $54 million to 6-7 construct science and engineering research and classroom 6-8 facilities; 6-9 (2) the University of Houston--Downtown, $19,305,000 6-10 to construct a classroom building; 6-11 (3) the University of Houston--Clear Lake, $32,737,500 6-12 to construct a student services and classroom building; and 6-13 (4) the University of Houston--Victoria: 6-14 (A) $630,000 to remodel the University West 6-15 facility; 6-16 (B) $945,000 to acquire and renovate a facility 6-17 services building; and 6-18 (C) $1,215,000 to renovate and expand a facility 6-19 for the center for community initiatives. 6-20 (b) The board may pledge irrevocably to the payment of those 6-21 bonds all or any part of the revenue funds of an institution, 6-22 branch, or entity of the University of Houston System, including 6-23 student tuition charges. The amount of a pledge made under this 6-24 subsection may not be reduced or abrogated while the bonds for 6-25 which the pledge is made, or bonds issued to refund those bonds, 6-26 are outstanding. 6-27 (c) If sufficient funds are not available to the board to 7-1 meet its obligations under this section, the board may transfer 7-2 funds among institutions, branches, and entities of the University 7-3 of Houston System to ensure the most equitable and efficient 7-4 allocation of available resources for each institution, branch, or 7-5 entity to carry out its duties and purposes. 7-6 (d) Any portion of the proceeds of bonds authorized by this 7-7 section for one or more specified projects at an institution that 7-8 is not required for the specified projects may be used to renovate 7-9 existing structures and facilities at the institution. 7-10 Sec. 55.1734. TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL 7-11 BONDS. (a) In addition to the other authority granted by this 7-12 subchapter, the board of regents of the Texas State University 7-13 System may issue in accordance with this subchapter and in 7-14 accordance with a systemwide revenue financing program adopted by 7-15 the board bonds for the following institutions not to exceed the 7-16 following aggregate principal amounts to finance projects specified 7-17 as follows: 7-18 (1) Angelo State University, $17,912,700 to expand and 7-19 renovate institutional facilities; 7-20 (2) Lamar University--Beaumont, $23,073,984 to 7-21 renovate and repair campus buildings; 7-22 (3) Lamar Institute of Technology, $5,613,840 to 7-23 renovate Gentry Hall and convert it to classroom and laboratory 7-24 use; 7-25 (4) Lamar State College--Orange, $2,250,000 for campus 7-26 site development; 7-27 (5) Lamar State College--Port Arthur: 8-1 (A) $6.3 million to construct a performing arts 8-2 and classroom building; and 8-3 (B) $1,530,000 to expand the Gates Memorial 8-4 Library and develop an adjacent plaza; 8-5 (6) Sam Houston State University, $18 million to 8-6 renovate and expand the Farrington Building; 8-7 (7) Southwest Texas State University, $19,521,000 to 8-8 construct a business building; and 8-9 (8) Sul Ross State University: 8-10 (A) $13,050,000 to renovate and expand the range 8-11 animal science facility and adjacent science building; and 8-12 (B) $900,000 to replace and expand chiller 8-13 equipment and facilities. 8-14 (b) The board may pledge irrevocably to the payment of those 8-15 bonds all or any part of the revenue funds of an institution, 8-16 branch, or entity of the Texas State University System, including 8-17 student tuition charges. The amount of a pledge made under this 8-18 subsection may not be reduced or abrogated while the bonds for 8-19 which the pledge is made, or bonds issued to refund those bonds, 8-20 are outstanding. 8-21 (c) If sufficient funds are not available to the board to 8-22 meet its obligations under this section, the board may transfer 8-23 funds among institutions, branches, and entities of the Texas State 8-24 University System to ensure the most equitable and efficient 8-25 allocation of available resources for each institution, branch, or 8-26 entity to carry out its duties and purposes. 8-27 (d) Any portion of the proceeds of bonds authorized by this 9-1 section for one or more specified projects at an institution that 9-2 is not required for the specified projects may be used to renovate 9-3 existing structures and facilities at the institution. 9-4 Sec. 55.1735. UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL 9-5 BONDS. (a) In addition to the other authority granted by this 9-6 subchapter, the board of regents of the University of North Texas 9-7 System may issue in accordance with this subchapter and in 9-8 accordance with a systemwide revenue financing program adopted by 9-9 the board bonds for the following institutions not to exceed the 9-10 following aggregate principal amounts to finance projects specified 9-11 as follows: 9-12 (1) the University of North Texas, $29,047,500 to 9-13 construct a science building; and 9-14 (2) the University of North Texas Health Science 9-15 Center at Fort Worth, $22,320,000 to construct a biotechnology 9-16 center and school of public health building. 9-17 (b) The board may pledge irrevocably to the payment of those 9-18 bonds all or any part of the revenue funds of the University of 9-19 North Texas or the University of North Texas Health Science Center 9-20 at Fort Worth, including student tuition charges. The amount of a 9-21 pledge made under this subsection may not be reduced or abrogated 9-22 while the bonds for which the pledge is made, or bonds issued to 9-23 refund those bonds, are outstanding. 9-24 (c) If sufficient funds are not available to the board to 9-25 meet its obligations under this section, the board may transfer 9-26 funds between the University of North Texas and the University of 9-27 North Texas Health Science Center at Fort Worth to ensure the most 10-1 equitable and efficient allocation of available resources for the 10-2 University of North Texas and the University of North Texas Health 10-3 Science Center at Fort Worth to carry out their duties and 10-4 purposes. 10-5 (d) Any portion of the proceeds of bonds authorized by this 10-6 section for one or more specified projects at an institution that 10-7 is not required for the specified projects may be used to renovate 10-8 existing structures and facilities at the institution. 10-9 Sec. 55.1736. TEXAS WOMAN'S UNIVERSITY. (a) In addition to 10-10 the other authority granted by this subchapter, the board of 10-11 regents of Texas Woman's University may issue bonds in accordance 10-12 with this subchapter in the aggregate principal amount not to 10-13 exceed $27,315,000 to finance the renovation of academic and 10-14 administrative buildings at Texas Woman's University. 10-15 (b) The board may pledge irrevocably to the payment of those 10-16 bonds all or any part of the revenue funds of Texas Woman's 10-17 University, including student tuition charges. The amount of a 10-18 pledge made under this subsection may not be reduced or abrogated 10-19 while the bonds for which the pledge is made, or bonds issued to 10-20 refund those bonds, are outstanding. 10-21 (c) Any portion of the proceeds of bonds authorized by this 10-22 section for one or more specified projects that is not required for 10-23 the specified projects may be used to renovate existing structures 10-24 and facilities at the institution. 10-25 Sec. 55.1737. MIDWESTERN STATE UNIVERSITY; ADDITIONAL BONDS. 10-26 (a) In addition to the other authority granted by this subchapter, 10-27 the board of regents of Midwestern State University may issue in 11-1 accordance with this subchapter bonds not to exceed the following 11-2 aggregate principal amounts to finance the following projects at 11-3 Midwestern State University: 11-4 (1) $3,060,000 to renovate and replace chilled water 11-5 and chilling equipment and systems; 11-6 (2) $2,250,000 to renovate and replace HVAC equipment 11-7 and systems; and 11-8 (3) $3,060,000 to repair and renovate streets and 11-9 parking surfaces and to improve drainage and sewer systems. 11-10 (b) The board may pledge irrevocably to the payment of those 11-11 bonds all or any part of the revenue funds of Midwestern State 11-12 University, including student tuition charges. The amount of a 11-13 pledge made under this subsection may not be reduced or abrogated 11-14 while the bonds for which the pledge is made, or bonds issued to 11-15 refund those bonds, are outstanding. 11-16 (c) Any portion of the proceeds of bonds authorized by this 11-17 section for one or more specified projects that is not required for 11-18 the specified projects may be used to renovate existing structures 11-19 and facilities at the institution. 11-20 Sec. 55.1738. STEPHEN F. AUSTIN STATE UNIVERSITY. (a) In 11-21 addition to the other authority granted by this subchapter, the 11-22 board of regents of Stephen F. Austin State University may issue in 11-23 accordance with this subchapter bonds not to exceed the following 11-24 aggregate principal amounts to finance the following projects at 11-25 Stephen F. Austin State University: 11-26 (1) $5,580,000 to construct a telecommunications 11-27 building and to renovate power plant facilities; and 12-1 (2) $5,220,000 to replace or renovate the Birdwell 12-2 Building. 12-3 (b) The board may pledge irrevocably to the payment of those 12-4 bonds all or any part of the revenue funds of Stephen F. Austin 12-5 State University, including student tuition charges. The amount of 12-6 a pledge made under this subsection may not be reduced or abrogated 12-7 while the bonds for which the pledge is made, or bonds issued to 12-8 refund those bonds, are outstanding. 12-9 (c) Any portion of the proceeds of bonds authorized by this 12-10 section for one or more specified projects that is not required for 12-11 the specified projects may be used to renovate existing structures 12-12 and facilities at the institution. 12-13 Sec. 55.1739. TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL 12-14 BONDS. (a) In addition to the other authority granted by this 12-15 subchapter, the board of regents of the Texas Tech University 12-16 System may issue in accordance with this subchapter and in 12-17 accordance with a systemwide revenue financing program adopted by 12-18 the board bonds for the following institutions not to exceed the 12-19 following aggregate principal amounts for projects specified as 12-20 follows: 12-21 (1) Texas Tech University, $12,420,000 to construct a 12-22 food technology and animal science building; and 12-23 (2) Texas Tech University Health Sciences Center: 12-24 (A) $24,194,273 to construct a clinical and 12-25 research facility in the city of Lubbock; and 12-26 (B) $40 million to construct facilities to 12-27 support its educational programs in the city of El Paso. 13-1 (b) The board may pledge irrevocably to the payment of those 13-2 bonds all or any part of the revenue funds of Texas Tech University 13-3 or the Texas Tech University Health Sciences Center, including 13-4 student tuition charges. The amount of a pledge made under this 13-5 subsection may not be reduced or abrogated while the bonds for 13-6 which the pledge is made, or bonds issued to refund those bonds, 13-7 are outstanding. 13-8 (c) If sufficient funds are not available to the board to 13-9 meet its obligations under this section, the board may transfer 13-10 funds between Texas Tech University and the Texas Tech University 13-11 Health Sciences Center to ensure the most equitable and efficient 13-12 allocation of available resources for Texas Tech University and the 13-13 Texas Tech University Health Sciences Center to carry out their 13-14 duties and purposes. 13-15 (d) Any portion of the proceeds of bonds authorized by this 13-16 section for one or more specified projects at an institution that 13-17 is not required for the specified projects may be used to renovate 13-18 existing structures and facilities at the institution. 13-19 Sec. 55.17391. TEXAS SOUTHERN UNIVERSITY; ADDITIONAL BONDS. 13-20 (a) In addition to other authority granted by this subchapter, the 13-21 board of regents of Texas Southern University may issue in 13-22 accordance with this subchapter bonds not to exceed the following 13-23 aggregate principal amounts to finance the following projects at 13-24 Texas Southern University: 13-25 (1) $30 million to construct a science building; 13-26 (2) $14.5 million to renovate campus facilities, 13-27 including electrical and piping systems; 14-1 (3) $5 million for campus landscaping; 14-2 (4) $14.5 million for campus renovations; and 14-3 (5) $15 million to construct a building for the school 14-4 of public affairs. 14-5 (b) The board may pledge irrevocably to the payment of those 14-6 bonds all or any part of the revenue funds of Texas Southern 14-7 University, including student tuition charges required or 14-8 authorized by law to be imposed on students enrolled at the 14-9 university. The amount of a pledge made under this subsection may 14-10 not be reduced or abrogated while the bonds for which the pledge is 14-11 made, or bonds issued to refund those bonds, are outstanding. 14-12 (c) Any portion of the proceeds of bonds authorized by this 14-13 section for one or more specified projects that is not required for 14-14 the specified projects may be used to renovate existing structures 14-15 and facilities at the institution. 14-16 (d) The bonds authorized by Subsections (a)(4) and (5) may 14-17 not be issued before March 1, 2003. 14-18 Sec. 55.17392. TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a) 14-19 The board of regents of the Texas State Technical College System 14-20 may issue in accordance with this subchapter and in accordance with 14-21 a systemwide revenue financing program adopted by the board bonds 14-22 for the following institutions not to exceed the following 14-23 aggregate principal amounts for projects specified as follows: 14-24 (1) Texas State Technical College--Harlingen, $3.6 14-25 million to construct a facility for a learning resource center and 14-26 distance learning center; 14-27 (2) Texas State Technical College--Marshall, 15-1 $1,890,000 to construct a facility for a library and administrative 15-2 activities; 15-3 (3) Texas State Technical College--Waco, $3.6 million 15-4 to renovate the industrial technology center; and 15-5 (4) Texas State Technical College--West Texas, 15-6 $2,430,000 to construct a transportation technologies building. 15-7 (b) The board may pledge irrevocably to the payment of those 15-8 bonds all or any part of the revenue funds of an institution, 15-9 branch, or entity of the Texas State Technical College System, 15-10 including student tuition charges. The amount of a pledge made 15-11 under this subsection may not be reduced or abrogated while the 15-12 bonds for which the pledge is made, or bonds issued to refund those 15-13 bonds, are outstanding. 15-14 (c) If sufficient funds are not available to the board to 15-15 meet its obligations under this section, the board may transfer 15-16 funds among institutions, branches, and entities of the Texas State 15-17 Technical College System to ensure the most equitable and efficient 15-18 allocation of available resources for each institution, branch, or 15-19 entity to carry out its duties and purposes. 15-20 (d) Any portion of the proceeds of bonds authorized by this 15-21 section for one or more specified projects at an institution that 15-22 is not required for the specified projects may be used to renovate 15-23 existing structures and facilities at the institution. 15-24 SECTION 2. This Act takes effect immediately if it receives 15-25 a vote of two-thirds of all the members elected to each house, as 15-26 provided by Section 39, Article III, Texas Constitution. If this 15-27 Act does not receive the vote necessary for immediate effect, this 16-1 Act takes effect September 1, 2001.