1-1 By: Hochberg (Senate Sponsor - Ellis) H.B. No. 3309 1-2 (In the Senate - Received from the House April 26, 2001; 1-3 April 27, 2001, read first time and referred to Committee on State 1-4 Affairs; May 7, 2001, reported adversely, with favorable Committee 1-5 Substitute by the following vote: Yeas 7, Nays 0; May 7, 2001, 1-6 sent to printer.) 1-7 COMMITTEE SUBSTITUTE FOR H.B. No. 3309 By: Armbrister 1-8 A BILL TO BE ENTITLED 1-9 AN ACT 1-10 relating to the development, funding, and operation of the 1-11 Southeast Texas Biotechnology Park. 1-12 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-13 SECTION 1. Subtitle F, Title 4, Government Code, is amended 1-14 by adding Chapter 488 to read as follows: 1-15 CHAPTER 488. SOUTHEAST TEXAS BIOTECHNOLOGY PARK 1-16 Sec. 488.001. COALITION ESTABLISHMENT. The Southeast Texas 1-17 Biotechnology Park Coalition is established. The coalition is 1-18 composed of public and private health-related institutions, and 1-19 other private for-profit and nonprofit and governmental 1-20 institutions, and is established for the purpose of developing, 1-21 funding, and operating a biotechnology research and development 1-22 park to be known as the Southeast Texas Biotechnology Park. 1-23 Sec. 488.002. PURPOSE; LOCATION. (a) The park shall be 1-24 operated for the purposes of: 1-25 (1) furthering the mission of the coalition members; 1-26 (2) economic development of the state, including the 1-27 production of net revenue to the state and coalition members, from 1-28 the commercialization of biotechnology research; 1-29 (3) recruiting and retaining leading scientists and 1-30 established biotechnology enterprises; and 1-31 (4) supporting the growth and development of new 1-32 biotechnology enterprises. 1-33 (b) The park shall be located in the area of Houston, Texas, 1-34 known as the Texas Medical Center. 1-35 Sec. 488.003. COALITION MEMBERS. The membership of the 1-36 coalition may include any interested governmental or private 1-37 for-profit or nonprofit institution, including: 1-38 (1) Baylor College of Medicine; 1-39 (2) Johnson Space Center of the National Aeronautics 1-40 and Space Administration; 1-41 (3) Memorial Hermann Health Care System; 1-42 (4) Rice University; 1-43 (5) St. Luke's Episcopal Health System/Texas Heart 1-44 Institute; 1-45 (6) Texas Southern University; 1-46 (7) TIRR Systems; 1-47 (8) the University of Houston System; 1-48 (9) The University of Texas M. D. Anderson Cancer 1-49 Center; 1-50 (10) The University of Texas Medical Branch at 1-51 Galveston; and 1-52 (11) The University of Texas Health Science Center at 1-53 Houston. 1-54 Sec. 488.004. NONPROFIT CORPORATION. The coalition may 1-55 establish a nonprofit corporation to develop and operate the park. 1-56 Sec. 488.005. LAND AND INFRASTRUCTURE. The park may be 1-57 developed on land owned by the State of Texas and made available 1-58 for that purpose, as well as on land acquired by the state, the 1-59 nonprofit corporation, or a member institution for purposes of the 1-60 park. 1-61 Sec. 488.006. INVESTMENT; FUNDING. (a) The park shall be 1-62 developed as a public-private partnership in which both public 1-63 institutions and private entities contribute to the development, 1-64 funding, and operation of the park. 2-1 (b) Leases producing revenue to state institutions 2-2 participating in the development of the park shall be at market 2-3 rates. 2-4 SECTION 2. This Act takes effect immediately if it receives a 2-5 vote of two-thirds of all the members elected to each house, as 2-6 provided by Section 39, Article III, Texas Constitution. If this 2-7 Act does not receive the vote necessary for immediate effect, this 2-8 Act takes effect on the 91st day after the last day of the 2-9 legislative session. 2-10 * * * * *