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78R14501 JTS-D

By:  Armbrister                                                   S.B. No. 1945


A BILL TO BE ENTITLED
AN ACT
relating to the administration of grants under the new technology research and development program. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 386.252, Health and Safety Code, is amended by adding Subsection (c) to read as follows: (c) The limit on the amount of money used for administration of the new technology research and development program under Subsection (a)(4) does not include any amount retained by the council from a grant made by the council to be used to administer the grant. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2003.