77R11866 JSA-D
By Junell, Gallego, King of Uvalde, Raymond, H.B. No. 658
et al.
Substitute the following for H.B. No. 658:
By Rangel C.S.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
2-1 and psychology building;
2-2 (2) Tarleton State University, $19.8 million for a
2-3 library addition and renovation of a mathematics building;
2-4 (3) Texas A&M University--Commerce, $15,840,000 to
2-5 replace a science building wing;
2-6 (4) Texas A&M University--Corpus Christi, $36 million
2-7 to construct a classroom and laboratory facility and for
2-8 construction of the Harte Research Center;
2-9 (5) Texas A&M International University, $15,120,000 to
2-10 construct a science building (Phase IV);
2-11 (6) Texas A&M University at Galveston, $10,620,000 to
2-12 construct an engineering building;
2-13 (7) Texas A&M University--Kingsville:
2-14 (A) $11.6 million to construct facilities for a
2-15 pharmacy school; and
2-16 (B) $10.8 million to construct a student
2-17 services building;
2-18 (8) Texas A&M University--Texarkana, $18 million to
2-19 construct a health science building and for library renovation;
2-20 (9) West Texas A&M University, $24,120,000 to
2-21 construct a fine arts complex; and
2-22 (10) The Texas A&M University Health Science Center,
2-23 $12,870,000 for construction of classroom and faculty office
2-24 facilities for the School of Rural Public Health.
2-25 (b) The board may pledge irrevocably to the payment of those
2-26 bonds all or any part of the revenue funds of an institution,
2-27 branch, or entity of The Texas A&M University System, including
3-1 student tuition charges. The amount of a pledge made under this
3-2 subsection may not be reduced or abrogated while the bonds for
3-3 which the pledge is made, or bonds issued to refund those bonds,
3-4 are outstanding.
3-5 (c) If sufficient funds are not available to the board to
3-6 meet its obligations under this section, the board may transfer
3-7 funds among institutions, branches, and entities of The Texas A&M
3-8 University System to ensure the most equitable and efficient
3-9 allocation of available resources for each institution, branch, or
3-10 entity to carry out its duties and purposes.
3-11 (d) Any portion of the proceeds of bonds authorized by this
3-12 section for one or more specified projects at an institution that
3-13 is not required for the specified projects may be used to renovate
3-14 existing structures and facilities at the institution.
3-15 (e) The bonds authorized by Subsection (a)(1)(D) for Prairie
3-16 View A&M University may not be issued before March 1, 2003.
3-17 Sec. 55.1732. THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL
3-18 BONDS. (a) In addition to the other authority granted by this
3-19 subchapter, the board of regents of The University of Texas System
3-20 may issue in accordance with this subchapter and in accordance with
3-21 a systemwide revenue financing program adopted by the board bonds
3-22 for the following institutions not to exceed the following
3-23 aggregate principal amounts to finance projects specified as
3-24 follows:
3-25 (1) The University of Texas at Arlington, $10,775,000
3-26 to construct a science building;
3-27 (2) The University of Texas at Brownsville,
4-1 $27,540,000 to construct a life and health science and education
4-2 facility (Phase II);
4-3 (3) The University of Texas at Dallas, $15 million to
4-4 renovate Founders Hall, Founders Annex, and Berkner Hall;
4-5 (4) The University of Texas at El Paso, $6,250,000 to
4-6 construct a biomedical and health sciences research center;
4-7 (5) The University of Texas--Pan American, $31.5
4-8 million for education complex, library, and multipurpose center
4-9 renovation and construction;
4-10 (6) The University of Texas of the Permian Basin:
4-11 (A) $2.5 million for integrated Mesa Building
4-12 renovations; and
4-13 (B) $250,000 for gymnasium renovations;
4-14 (7) The University of Texas at San Antonio, $8,750,000
4-15 to construct a science building on the main campus;
4-16 (8) The University of Texas at Tyler, $9 million to
4-17 construct an engineering, sciences, and technology building;
4-18 (9) The University of Texas Southwestern Medical
4-19 Center at Dallas, $40 million for North Campus phase IV
4-20 construction;
4-21 (10) The University of Texas Medical Branch at
4-22 Galveston, $18 million to renovate and expand research facilities;
4-23 (11) The University of Texas Health Science Center at
4-24 Houston, $13,770,000 to construct a classroom building;
4-25 (12) The University of Texas Health Science Center at
4-26 San Antonio, $16.2 million to construct a facility for student
4-27 services and academic administration;
5-1 (13) the Regional Academic Health Center established
5-2 under Section 74.611, $27 million to construct a teaching and
5-3 learning laboratory in or near the city of Harlingen; and
5-4 (14) The University of Texas Health Center at Tyler,
5-5 $9,630,000 to construct a biomedical research center addition.
5-6 (b) The board may pledge irrevocably to the payment of those
5-7 bonds all or any part of the revenue funds of an institution,
5-8 branch, or entity of The University of Texas System, including
5-9 student tuition charges. The amount of a pledge made under this
5-10 subsection may not be reduced or abrogated while the bonds for
5-11 which the pledge is made, or bonds issued to refund those bonds,
5-12 are outstanding.
5-13 (c) If sufficient funds are not available to the board to
5-14 meet its obligations under this section, the board may transfer
5-15 funds among institutions, branches, and entities of The University
5-16 of Texas System to ensure the most equitable and efficient
5-17 allocation of available resources for each institution, branch, or
5-18 entity to carry out its duties and purposes.
5-19 (d) Any portion of the proceeds of bonds authorized by this
5-20 section for one or more specified projects at an institution that
5-21 is not required for the specified projects may be used to renovate
5-22 existing structures and facilities at the institution.
5-23 Sec. 55.1733. THE UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL
5-24 BONDS. (a) In addition to the other authority granted by this
5-25 subchapter, the board of regents of the University of Houston
5-26 System may issue in accordance with this subchapter and in
5-27 accordance with a systemwide revenue financing program adopted by
6-1 the board bonds for the following institutions not to exceed the
6-2 following aggregate principal amounts to finance projects specified
6-3 as follows:
6-4 (1) the University of Houston, $54 million to
6-5 construct science and engineering research and classroom
6-6 facilities;
6-7 (2) the University of Houston--Downtown, $19,305,000
6-8 to construct a classroom building;
6-9 (3) the University of Houston--Clear Lake, $32,737,500
6-10 to construct a student services and classroom building; and
6-11 (4) the University of Houston--Victoria:
6-12 (A) $630,000 to remodel the University West
6-13 facility;
6-14 (B) $945,000 to acquire and renovate a facility
6-15 services building; and
6-16 (C) $1,215,000 to renovate and expand a facility
6-17 for the center for community initiatives.
6-18 (b) The board may pledge irrevocably to the payment of those
6-19 bonds all or any part of the revenue funds of an institution,
6-20 branch, or entity of the University of Houston System, including
6-21 student tuition charges. The amount of a pledge made under this
6-22 subsection may not be reduced or abrogated while the bonds for
6-23 which the pledge is made, or bonds issued to refund those bonds,
6-24 are outstanding.
6-25 (c) If sufficient funds are not available to the board to
6-26 meet its obligations under this section, the board may transfer
6-27 funds among institutions, branches, and entities of the University
7-1 of Houston System to ensure the most equitable and efficient
7-2 allocation of available resources for each institution, branch, or
7-3 entity to carry out its duties and purposes.
7-4 (d) Any portion of the proceeds of bonds authorized by this
7-5 section for one or more specified projects at an institution that
7-6 is not required for the specified projects may be used to renovate
7-7 existing structures and facilities at the institution.
7-8 Sec. 55.1734. TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL
7-9 BONDS. (a) In addition to the other authority granted by this
7-10 subchapter, the board of regents of the Texas State University
7-11 System may issue in accordance with this subchapter and in
7-12 accordance with a systemwide revenue financing program adopted by
7-13 the board bonds for the following institutions not to exceed the
7-14 following aggregate principal amounts to finance projects specified
7-15 as follows:
7-16 (1) Angelo State University, $17,912,700 to expand and
7-17 renovate institutional facilities;
7-18 (2) Lamar University--Beaumont, $23,073,984 to
7-19 renovate and repair campus buildings;
7-20 (3) Lamar Institute of Technology, $5,613,840 to
7-21 renovate Gentry Hall and convert it to classroom and laboratory
7-22 use;
7-23 (4) Lamar State College--Orange, $2,250,000 for campus
7-24 site development;
7-25 (5) Lamar State College--Port Arthur:
7-26 (A) $6.3 million to construct a performing arts
7-27 and classroom building; and
8-1 (B) $1,530,000 to expand the Gates Memorial
8-2 Library and develop an adjacent plaza;
8-3 (6) Sam Houston State University, $18 million to
8-4 renovate and expand the Farrington Building;
8-5 (7) Southwest Texas State University, $19,521,000 to
8-6 construct a business building; and
8-7 (8) Sul Ross State University:
8-8 (A) $13,050,000 to renovate and expand the range
8-9 animal science facility and adjacent science building; and
8-10 (B) $900,000 to replace and expand chiller
8-11 equipment and facilities.
8-12 (b) The board may pledge irrevocably to the payment of those
8-13 bonds all or any part of the revenue funds of an institution,
8-14 branch, or entity of the Texas State University System, including
8-15 student tuition charges. The amount of a pledge made under this
8-16 subsection may not be reduced or abrogated while the bonds for
8-17 which the pledge is made, or bonds issued to refund those bonds,
8-18 are outstanding.
8-19 (c) If sufficient funds are not available to the board to
8-20 meet its obligations under this section, the board may transfer
8-21 funds among institutions, branches, and entities of the Texas State
8-22 University System to ensure the most equitable and efficient
8-23 allocation of available resources for each institution, branch, or
8-24 entity to carry out its duties and purposes.
8-25 (d) Any portion of the proceeds of bonds authorized by this
8-26 section for one or more specified projects at an institution that
8-27 is not required for the specified projects may be used to renovate
9-1 existing structures and facilities at the institution.
9-2 Sec. 55.1735. UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL
9-3 BONDS. (a) In addition to the other authority granted by this
9-4 subchapter, the board of regents of the University of North Texas
9-5 System may issue in accordance with this subchapter and in
9-6 accordance with a systemwide revenue financing program adopted by
9-7 the board bonds for the following institutions not to exceed the
9-8 following aggregate principal amounts to finance projects specified
9-9 as follows:
9-10 (1) the University of North Texas, $29,047,500 to
9-11 construct a science building; and
9-12 (2) the University of North Texas Health Science
9-13 Center at Fort Worth, $22,320,000 to construct a biotechnology
9-14 center and school of public health building.
9-15 (b) The board may pledge irrevocably to the payment of those
9-16 bonds all or any part of the revenue funds of the University of
9-17 North Texas or the University of North Texas Health Science Center
9-18 at Fort Worth, including student tuition charges. The amount of a
9-19 pledge made under this subsection may not be reduced or abrogated
9-20 while the bonds for which the pledge is made, or bonds issued to
9-21 refund those bonds, are outstanding.
9-22 (c) If sufficient funds are not available to the board to
9-23 meet its obligations under this section, the board may transfer
9-24 funds between the University of North Texas and the University of
9-25 North Texas Health Science Center at Fort Worth to ensure the most
9-26 equitable and efficient allocation of available resources for the
9-27 University of North Texas and the University of North Texas Health
10-1 Science Center at Fort Worth to carry out their duties and
10-2 purposes.
10-3 (d) Any portion of the proceeds of bonds authorized by this
10-4 section for one or more specified projects at an institution that
10-5 is not required for the specified projects may be used to renovate
10-6 existing structures and facilities at the institution.
10-7 Sec. 55.1736. TEXAS WOMAN'S UNIVERSITY. (a) In addition to
10-8 the other authority granted by this subchapter, the board of
10-9 regents of Texas Woman's University may issue bonds in accordance
10-10 with this subchapter in the aggregate principal amount not to
10-11 exceed $27,315,000 to finance the renovation of academic and
10-12 administrative buildings at Texas Woman's University.
10-13 (b) The board may pledge irrevocably to the payment of those
10-14 bonds all or any part of the revenue funds of Texas Woman's
10-15 University, including student tuition charges. The amount of a
10-16 pledge made under this subsection may not be reduced or abrogated
10-17 while the bonds for which the pledge is made, or bonds issued to
10-18 refund those bonds, are outstanding.
10-19 (c) Any portion of the proceeds of bonds authorized by this
10-20 section for one or more specified projects that is not required for
10-21 the specified projects may be used to renovate existing structures
10-22 and facilities at the institution.
10-23 Sec. 55.1737. MIDWESTERN STATE UNIVERSITY; ADDITIONAL BONDS.
10-24 (a) In addition to the other authority granted by this subchapter,
10-25 the board of regents of Midwestern State University may issue in
10-26 accordance with this subchapter bonds not to exceed the following
10-27 aggregate principal amounts to finance the following projects at
11-1 Midwestern State University:
11-2 (1) $3,060,000 to renovate and replace chilled water
11-3 and chilling equipment and systems;
11-4 (2) $2,250,000 to renovate and replace HVAC equipment
11-5 and systems; and
11-6 (3) $3,060,000 to repair and renovate streets and
11-7 parking surfaces and to improve drainage and sewer systems.
11-8 (b) The board may pledge irrevocably to the payment of those
11-9 bonds all or any part of the revenue funds of Midwestern State
11-10 University, including student tuition charges. The amount of a
11-11 pledge made under this subsection may not be reduced or abrogated
11-12 while the bonds for which the pledge is made, or bonds issued to
11-13 refund those bonds, are outstanding.
11-14 (c) Any portion of the proceeds of bonds authorized by this
11-15 section for one or more specified projects that is not required for
11-16 the specified projects may be used to renovate existing structures
11-17 and facilities at the institution.
11-18 Sec. 55.1738. STEPHEN F. AUSTIN STATE UNIVERSITY. (a) In
11-19 addition to the other authority granted by this subchapter, the
11-20 board of regents of Stephen F. Austin State University may issue in
11-21 accordance with this subchapter bonds not to exceed the following
11-22 aggregate principal amounts to finance the following projects at
11-23 Stephen F. Austin State University:
11-24 (1) $5,580,000 to construct a telecommunications
11-25 building and to renovate power plant facilities; and
11-26 (2) $5,220,000 to replace or renovate the Birdwell
11-27 Building.
12-1 (b) The board may pledge irrevocably to the payment of those
12-2 bonds all or any part of the revenue funds of Stephen F. Austin
12-3 State University, including student tuition charges. The amount of
12-4 a pledge made under this subsection may not be reduced or abrogated
12-5 while the bonds for which the pledge is made, or bonds issued to
12-6 refund those bonds, are outstanding.
12-7 (c) Any portion of the proceeds of bonds authorized by this
12-8 section for one or more specified projects that is not required for
12-9 the specified projects may be used to renovate existing structures
12-10 and facilities at the institution.
12-11 Sec. 55.1739. TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL
12-12 BONDS. (a) In addition to the other authority granted by this
12-13 subchapter, the board of regents of the Texas Tech University
12-14 System may issue in accordance with this subchapter and in
12-15 accordance with a systemwide revenue financing program adopted by
12-16 the board bonds for the following institutions not to exceed the
12-17 following aggregate principal amounts for projects specified as
12-18 follows:
12-19 (1) Texas Tech University, $12,420,000 to construct a
12-20 food technology and animal science building; and
12-21 (2) Texas Tech University Health Science Center:
12-22 (A) $24,194,273 to construct a clinical and
12-23 research facility in the city of Lubbock; and
12-24 (B) $40 million to construct facilities to
12-25 support its educational programs in the city of El Paso.
12-26 (b) The board may pledge irrevocably to the payment of those
12-27 bonds all or any part of the revenue funds of Texas Tech University
13-1 or the Texas Tech University Health Science Center, including
13-2 student tuition charges. The amount of a pledge made under this
13-3 subsection may not be reduced or abrogated while the bonds for
13-4 which the pledge is made, or bonds issued to refund those bonds,
13-5 are outstanding.
13-6 (c) If sufficient funds are not available to the board to
13-7 meet its obligations under this section, the board may transfer
13-8 funds between Texas Tech University and the Texas Tech University
13-9 Health Science Center to ensure the most equitable and efficient
13-10 allocation of available resources for Texas Tech University and the
13-11 Texas Tech University Health Science Center to carry out their
13-12 duties and purposes.
13-13 (d) Any portion of the proceeds of bonds authorized by this
13-14 section for one or more specified projects at an institution that
13-15 is not required for the specified projects may be used to renovate
13-16 existing structures and facilities at the institution.
13-17 Sec. 55.17391. TEXAS SOUTHERN UNIVERSITY; ADDITIONAL BONDS.
13-18 (a) In addition to other authority granted by this subchapter, the
13-19 board of regents of Texas Southern University may issue in
13-20 accordance with this subchapter bonds not to exceed the following
13-21 aggregate principal amounts to finance the following projects at
13-22 Texas Southern University:
13-23 (1) $30 million to construct a science building;
13-24 (2) $14.5 million to renovate campus facilities,
13-25 including electrical and piping systems;
13-26 (3) $5 million for campus landscaping;
13-27 (4) $14.5 million for campus renovations; and
14-1 (5) $15 million to construct a building for the school
14-2 of public affairs.
14-3 (b) The board may pledge irrevocably to the payment of those
14-4 bonds all or any part of the revenue funds of Texas Southern
14-5 University, including student tuition charges required or
14-6 authorized by law to be imposed on students enrolled at the
14-7 university. The amount of a pledge made under this subsection may
14-8 not be reduced or abrogated while the bonds for which the pledge is
14-9 made, or bonds issued to refund those bonds, are outstanding.
14-10 (c) Any portion of the proceeds of bonds authorized by this
14-11 section for one or more specified projects that is not required for
14-12 the specified projects may be used to renovate existing structures
14-13 and facilities at the institution.
14-14 (d) The bonds authorized by Subsections (a)(4) and (5) may
14-15 not be issued before March 1, 2003.
14-16 Sec. 55.17392. TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a)
14-17 The board of regents of the Texas State Technical College System
14-18 may issue in accordance with this subchapter and in accordance with
14-19 a systemwide revenue financing program adopted by the board bonds
14-20 for the following institutions not to exceed the following
14-21 aggregate principal amounts for projects specified as follows:
14-22 (1) Texas State Technical College--Harlingen, $3.6
14-23 million to construct a facility for a learning resource center and
14-24 distance learning center;
14-25 (2) Texas State Technical College--Marshall,
14-26 $1,890,000 to construct a facility for a library and administrative
14-27 activities;
15-1 (3) Texas State Technical College--Waco, $3.6 million
15-2 to renovate the industrial technology center; and
15-3 (4) Texas State Technical College--West Texas,
15-4 $2,430,000 to construct a transportation technologies building.
15-5 (b) The board may pledge irrevocably to the payment of those
15-6 bonds all or any part of the revenue funds of an institution,
15-7 branch, or entity of the Texas State Technical College System,
15-8 including student tuition charges. The amount of a pledge made
15-9 under this subsection may not be reduced or abrogated while the
15-10 bonds for which the pledge is made, or bonds issued to refund those
15-11 bonds, are outstanding.
15-12 (c) If sufficient funds are not available to the board to
15-13 meet its obligations under this section, the board may transfer
15-14 funds among institutions, branches, and entities of the Texas State
15-15 Technical College System to ensure the most equitable and efficient
15-16 allocation of available resources for each institution, branch, or
15-17 entity to carry out its duties and purposes.
15-18 (d) Any portion of the proceeds of bonds authorized by this
15-19 section for one or more specified projects at an institution that
15-20 is not required for the specified projects may be used to renovate
15-21 existing structures and facilities at the institution.
15-22 SECTION 2. This Act takes effect immediately if it receives
15-23 a vote of two-thirds of all the members elected to each house, as
15-24 provided by Section 39, Article III, Texas Constitution. If this
15-25 Act does not receive the vote necessary for immediate effect, this
15-26 Act takes effect September 1, 2001.