By Wilson H.J.R. No. 78
77R7087 KSD-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment to provide an equitable
1-2 distribution of the income from the permanent university fund for
1-3 the support and maintenance of Prairie View A&M University.
1-4 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 18(f), Article VII, Texas Constitution, is
1-6 amended to read as follows:
1-7 (f) Out of one-third of the annual distribution from the
1-8 permanent university fund to the available university fund, there
1-9 shall be appropriated an annual sum sufficient to pay the principal
1-10 and interest due on the bonds and notes issued by the Board of
1-11 Regents of The Texas A&M University System under this section and
1-12 prior law, and the remainder of that one-third of the annual
1-13 distribution to the available university fund shall be appropriated
1-14 to the Board of Regents of The Texas A&M University System, which
1-15 shall have the authority and duty in turn to appropriate an
1-16 equitable portion of the same for the support and maintenance of
1-17 The Texas A&M University System administration and[,] Texas A&M
1-18 University[, and Prairie View A&M University. The Board of Regents
1-19 of The Texas A&M University System, in making just and equitable
1-20 appropriations to Texas A&M University and Prairie View A&M
1-21 University, shall exercise its discretion with due regard to such
1-22 criteria as the board may deem appropriate from year to year]. Out
1-23 of the other two-thirds of the annual distribution from the
1-24 permanent university fund to the available university fund there
2-1 shall be appropriated an annual sum sufficient to pay the principal
2-2 and interest due on the bonds and notes issued by the Board of
2-3 Regents of The University of Texas System under this section and
2-4 prior law, and out of the remainder of such two-thirds of the
2-5 annual distribution to the available university fund, one-half
2-6 shall be appropriated for the support and maintenance of The
2-7 University of Texas at Austin and The University of Texas System
2-8 administration and the other one-half shall be appropriated for the
2-9 support and maintenance of Prairie View A&M University, except that
2-10 if that one-half portion required to be appropriated to Prairie
2-11 View A&M University is less than the amount of the remainder of the
2-12 one-third of the annual distribution to the available university
2-13 fund appropriated to the Board of Regents of The Texas A&M
2-14 University System, the Board of Regents of The Texas A&M University
2-15 System shall make a just and equitable distribution of a portion of
2-16 its appropriation under this subsection to Prairie View A&M
2-17 University.
2-18 SECTION 2. This proposed constitutional amendment shall be
2-19 submitted to the voters at an election to be held on November 6,
2-20 2001. The ballot shall be printed to provide for voting for or
2-21 against the proposition: "The constitutional amendment to provide
2-22 an equitable distribution of the income from the permanent
2-23 university fund for the support and maintenance of Prairie View A&M
2-24 University."