Amend CSHB 4244 by adding the following sections to the bill, 
numbered appropriately, and by renumbering any subsequent sections 
of the bill accordingly:
	SECTION __.  Subchapter E, Chapter 54, Education Code, is 
amended by adding Section 54.5351 to read as follows:
	Sec. 54.5351.  STUDENT ENDOWMENT FUND FEE; THE UNIVERSITY OF 
TEXAS AT EL PASO.  (a)  The board of regents of The University of 
Texas System may impose a student endowment fund fee on each student 
enrolled at The University of Texas at El Paso.  The fee may not be 
imposed unless approved by a majority vote of the students 
participating in a general student election held at the university 
under Section 56.243.
	(b)  The amount of the fee may not exceed $1 per semester for 
each regular semester or summer session, unless the amount is 
increased as provided by Subsection (c).
	(c)  The amount of the fee per semester may be increased from 
one academic year to the next only if approved by a majority vote of 
the students of the university participating in a general student 
election held for that purpose or, if the amount of the increase 
does not exceed five percent, by a majority vote of the legislative 
body of the student government of the university.
	(d)  A fee imposed under this section must be used to 
establish a student endowment fund under Section 56.247.
	(e)  A fee imposed under this section is in addition to any 
other fee authorized by law and may not be considered in determining 
the maximum amount of student services fees that may be imposed 
under Section 54.503(b).
	(f)  The fee may not be charged after the fifth academic year 
in which the fee is first charged unless, before the end of that 
academic year, the institution has issued bonds payable from the 
fee, in which event the fee may not be charged after the academic 
year in which all such bonds, including refunding bonds for those 
bonds, have been fully paid.
	SECTION __.  This Act applies beginning with the 2009 fall 
semester.