Amend HB 3526 by deleting Sec. 62.096 and substituting the 
following:      
	Sec. 62.096.  VERIFICATION OF ALLOCATION FACTORS.  (a)  For 
purposes of this subchapter, the coordinating board shall prescribe 
standards and accounting methods for determining the amount of 
restricted research funds expended by an eligible institution in a 
state fiscal year.
	(b)  The coordinating board shall convene a committee 
comprised of persons designated by the presidents of eligible 
institutions to approve the allocations standards and accounting 
methods established by the coordinating board by October 1, 2003.
	(c)  The coordinating board, as soon as practicable in each 
state fiscal year and no later than November 1, shall provide the 
comptroller with verified information relating to the amounts of 
restricted research funds expended by eligible institutions as 
necessary to determine the apportionment of the research 
development fund under this subchapter for that fiscal year.
	(d)  The coordinating board may audit the appropriate 
records of an eligible institution to verify information for 
purposes of this subchapter.
	(e)  An eligible institution may appeal the coordinating 
board's decision regarding the institution's verified information 
relating to the amounts of restricted research expended to the 
advisory committee for final determination of eligibility.