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A BILL TO BE ENTITLED
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AN ACT
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relating to the removal of indirect cost recovery fees from the list |
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of items that must be accounted for as educational and general funds |
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by institutions of higher education. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subsection (c), Section 51.009, Education Code, |
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is amended to read as follows: |
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(c) Each of the following shall be accounted for as |
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educational and general funds: |
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(1) net tuition, special course fees charged under |
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Sections 54.051(e) and (l), lab fees, student teaching fees, |
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organized activity fees, and proceeds from the sale of educational |
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and general equipment[, and indirect cost recovery fees]; and |
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(2) hospital and clinic fees received by a state-owned |
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clinical care facility that is operated using general revenue fund |
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appropriations for patient care. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |