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By:  Ogden                                                        S.B. No. 15 


A BILL TO BE ENTITLED

AN ACT

relating to an appropriation for the Permanent Higher Education 
Fund under Section 17(i), Article VII, Texas Constitution.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  The amount of $1,468,000,000 is appropriated out 
of the general revenue fund to the permanent higher education fund 
under Section 17(i), Article VII, Texas Constitution.
	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 on the 91st day after the last day of the 
legislative session.