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Amend SB 286 on third reading by adding the following
appropriately numbered SECTIONS and renumbering the other SECTIONS
accordingly:
SECTION ___. The legislature finds that:
(1) it is vital to the economy of this state that all
areas of the state have access to quality higher education;
(2) it is in the interest of all residents of this
state that a sufficiently funded higher education infrastructure
exist that affords those residents opportunities to become educated
and productive members of the state's economy; and
(3) the Texas Higher Education Coordinating Board's
report on closing the gaps provides the state a blueprint for
meeting its current and future higher education needs.
SECTION ___. (a) An interim committee is established to
study higher education funding formulas. The interim committee is
composed of:
(1) three members of the senate appointed by the
lieutenant governor; and
(2) three members of the house of representatives
appointed by the speaker of the house.
(b) The membership of the committee from each house must be
representative of all geographic areas of the state.
(c) The committee shall select a presiding officer from
among its membership and shall meet at the call of the presiding
officer.
(d) The committee shall:
(1) study the adequacy, availability, and equity of
higher education funding and its relationship to closing the gaps,
including factors such as per capita income, employment rate,
percentage without college degrees, percentage of fall enrollment
growth, and projected enrollment growth in the region served; and
(2) develop recommendations based on the study for
changes in higher education funding formulas that maximize the
state's limited resources to promote a skilled and viable workforce
and to meet the needs of our diverse state economy.
(e) Not later than November 1, 2004, the committee shall
prepare a report describing its recommendations and shall deliver
the report to the governor, the lieutenant governor, and the
speaker of the house of representatives.
(f) The committee shall adopt procedures to administer this
section.
(g) Not later than November 1, 2003, the lieutenant governor
and the speaker of the house of representatives shall appoint the
members of the interim committee.
(h) The committee is abolished and this section expires
September 1, 2005.