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By: Williams S.B. No. 1484
(In the Senate - Filed March 10, 2005; March 21, 2005, read
first time and referred to Committee on Finance; April 12, 2005,
reported favorably by the following vote: Yeas 8, Nays 4;
April 12, 2005, sent to printer.)
A BILL TO BE ENTITLED
AN ACT
relating to general revenue appropriations to institutions of
higher education.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subsection (c), Section 54.0513, Education Code,
is amended to read as follows:
(c) Amounts collected by an institution of higher education
under this section are institutional funds as defined by Section
51.009 of this code and shall be accounted for as designated funds.
[These funds shall not be accounted for in a general appropriations
act in such a way as to reduce the general revenue appropriation to
a particular institution.]
SECTION 2. Subsection (d), Section 54.008, Education Code,
is repealed.
SECTION 3. This Act takes effect September 1, 2005.
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