Amend HB 1621 by adding the following sections:
SECTION ____: Chapter 130.123(e), Education Code, is
amended to read as follows:
Sec. 130.123(e) In addition to the revenues, fees, and
other resources authorized to be pledged to the payment of bonds
issued hereunder, each board further shall be authorized to pledge
irrevocably to such payment, out of the tuition charges required or
permitted by law to be imposed at its institution or institutions,
an amount not exceeding [$15] 25 percent of the tuition charges
collected from each enrolled student for each [regular] semester or
[and $7.50 from each enrolled student for each summer] term, and
each board also shall be authorized to pledge to such payment all or
any part of any grant, donation, or income received or to be
received from the United States government or any other public or
private source, whether pursuant to an agreement or otherwise.
SECTION ____: Chapter 56.033(a), Education Code, is amended
to read as follows:
Sec. 56.033(a) The governing board of each institution of
higher education, including the Texas State Technical College
System, shall cause to be set aside:
(1) not less than 15 percent nor more than 20 percent
out of each resident student's tuition charge under Section 54.051
as provided by the General Appropriations Act for the applicable
academic year;
(2) three percent out of each nonresident student's
tuition charge under Section 54.051;
(3) not less than six percent nor more than 20 percent
out of each resident student's hourly tuition charge exclusive of
out of district charges, and $1.50 out of each nonresident
student's hourly tuition charge, for academic courses at a public
community or junior college; and
(4) not less than six percent nor more than 20 percent
of hourly tuition charges exclusive of out of district charges for
vocational-technical courses at a public community or junior
college.