By: Harris S.B. No. 1567 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the creation of the Emerging University excellence fund 1-3 to promote research and excellence at certain institutions of 1-4 higher education. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Chapter 51, Education Code, is amended by adding 1-7 Subchapter V to read as follows: 1-8 SUBCHAPTER V. EMERGING UNIVERSITY EXCELLENCE FUND 1-9 Sec. 51.851. PURPOSE. The Emerging University excellence 1-10 fund is established to provide funding to promote increased 1-11 research capacity and to develop institutional excellence at 1-12 eligible general academic teaching institutions in order to ensure 1-13 that Texas and its workforce remain at the forefront of scientific 1-14 and technological innovation. 1-15 Sec. 51.852. DEFINITIONS. In this subchapter: 1-16 (1) "Eligible comprehensive research university" means 1-17 an eligible general academic teaching institution that: 1-18 (A) participates in the Permanent University Fund; 1-19 (B) offers a full range of baccalaureate programs and a wide range 1-20 of masters and doctoral programs; and, 1-21 (C) has an active research program as reflected in annual 1-22 expenditure of restricted research funds and related indirect costs 1-23 as reported to the Texas Higher Education Coordinating Board. 2-1 (d) The University of Texas at Austin and Texas A&M University at 2-2 College Station are not eligible comprehensive research 2-3 universities for the purposes of this subchapter. 2-4 Sec. 51.853. ADMINISTRATION. (a) The Emerging University 2-5 excellence fund is a fund outside the state treasury in the custody 2-6 of the comptroller. 2-7 (b) The comptroller shall administer and invest the fund. 2-8 Sec.51.854. FUNDING. (a) The legislature may appropriate 2-9 or provide for the transfer of any available money to the credit of 2-10 the Emerging University excellence fund. 2-11 (b) The comptroller shall deposit all interest, dividends, 2-12 and other income earned from investment of the Emerging University 2-13 excellence fund to the credit of the fund. 2-14 (c) The comptroller may accept gifts or grants from any 2-15 public or private source for the fund. 2-16 (d) An institution may use money appropriated from the fund 2-17 only for the support and maintenance of educational and general 2-18 activities, including research and student services, that promote 2-19 increased research capacity and develop institutional excellence at 2-20 the institution. 2-21 (d) Subsection (a) does not apply to the funding of the 2-22 Emerging University excellence fund for the state fiscal biennium 2-23 ending August 31, 2003. For each fiscal year in the state fiscal 2-24 biennium ending August 31, 2003, a minimum of fifteen million 2-25 dollars shall be reallocated from the Capital Equity and Excellence 2-26 Funds contained in the General Appropriations Act. This subsection 3-1 expires January 1, 2004. 3-2 Sec. 51.855. APPROPRIATION AND ALLOCATION OF FUND TO 3-3 ELIGIBLE INSTITUTIONS. (a) In each state fiscal year, the 3-4 legislature shall appropriate all or part of the money in the 3-5 Emerging University excellence fund to eligible comprehensive 3-6 research universities and other eligible general academic teaching 3-7 institutions as follows: 3-8 (1) Each Eligible Comprehensive Research University 3-9 shall be allocated funds in direct proportion to their relative 3-10 share of doctoral degrees awarded in the two most recent fiscal 3-11 years and in direct proportion to their expenditure of restricted 3-12 research funds and related indirect costs in the two most recent 3-13 years as reported in the institution's annual financial reports. 3-14 (2) Five percent of any excellence funds allocated 3-15 shall be reserved for The University of Texas Permian Basin and The 3-16 University of Texas Tyler and shall be allocated in terms of their 3-17 relative research activity as measured by two fiscal years of 3-18 expended restricted research funds and indirect costs as reflected 3-19 in the institution's annual reports. 3-20 SECTION 2. This Act takes effect September 1, 2001.