Amend HB 51 on third reading by adding the following 
appropriately numbered SECTIONS to the bill and renumbering the 
SECTIONS of the bill accordingly:
	SECTION ____.  Subchapter C, Chapter 61, Education Code, is 
amended by adding Section 61.0585 to read as follows:
	Sec. 61.0585.  BONDS TO SUPPORT DEVELOPMENT OF TIER ONE 
RESEARCH UNIVERSITIES.  The board may direct the Texas Public 
Finance Authority to issue bonds in an amount necessary to provide 
funds appropriated by the legislature to develop and maintain 
public research universities in this state of the highest tier.
	SECTION ____.  Notwithstanding Section 3 of this Act, Section 
61.0585, Education Code, as added by this Act, takes effect January 
1, 2010, but only if the constitutional amendment proposed by the 
81st Legislature, Regular Session, 2009, providing for the issuance 
of general obligation bonds to provide funding to develop and 
maintain research universities in this state of the highest tier is 
approved by the voters.  If that amendment is not approved by the 
voters, Section 61.0585, Education Code, as added by this Act, has 
no effect.