Amend SB 2567 (Senate committee printing) by adding the 
following appropriately numbered SECTION to the bill and 
renumbering the other sections of the bill accordingly:
	SECTION ____.  Subchapter B, Chapter 55, Education Code, is 
amended by adding Section 55.17721 to read as follows:
	Sec. 55.17721.  THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT 
GALVESTON. (a) In addition to the other authority granted by this 
subchapter and subject to the other provisions of this section, the 
board of regents of The University of Texas System may acquire, 
purchase, construct, improve, renovate, enlarge, or equip 
property, buildings, structures, facilities, roads, or related 
infrastructure for The University of Texas Medical Branch at 
Galveston for any purpose reasonably necessary to assist the 
institution to recover from any damage or other impact caused by 
Hurricane Ike, to be financed by the issuance of bonds in accordance 
with this subchapter, including bonds issued in accordance with a 
systemwide revenue financing program and secured as provided by 
that program, in an aggregate principal amount not to exceed $150 
million.
	(b)  The board may pledge irrevocably to the payment of the 
bonds authorized by this section all or any part of the revenue 
funds of an institution, branch, or entity of The University of 
Texas System, including student tuition charges.  The amount of a 
pledge made under this subsection may not be reduced or abrogated 
while the bonds for which the pledge is made, or bonds issued to 
refund those bonds, are outstanding.
	(c)  If sufficient funds are not available to the board to 
meet its obligations under this section, the board may transfer 
funds among institutions, branches, and entities of The University 
of Texas System to ensure the most equitable and efficient 
allocation of available resources for each institution, branch, or 
entity to carry out its duties and purposes.
	(d)  Any transfer of funds to the board pursuant to an 
appropriation of state funds to the board or the medical branch for 
the purpose of reimbursing the board for all or part of the debt 
service on bonds issued under this section is subject to the prior 
approval of the Legislative Budget Board.  In determining whether 
to approve a transfer of state funds for that purpose, the 
Legislative Budget Board shall consider:
		(1)  whether the commissioners court of the county in 
which the medical branch is located has entered into an agreement 
with the board under which the county agrees to reimburse the board 
for all or part of any otherwise unreimbursed costs incurred by the 
medical branch to provide health care services to individuals who 
are residents of the county and whose net family income is not more 
than 100 percent of the federal poverty level; or
		(2)  whether the county in which the medical branch is 
located or a hospital district that includes that county imposes an 
ad valorem tax for health care purposes.
	(e)  For purposes of Subsection (d), the county of residence 
of an individual is determined in the same manner as provided by 
Chapter 61, Health and Safety Code.
	SECTION ____.  Section 61.0572(e), Education Code, is 
amended to read as follows:
	(e)  Approval of the board is not required to acquire real 
property that is financed by bonds issued under Section 55.17(e)(3) 
or (4), 55.1713-55.1718, 55.1721-55.1728, 55.1735(a)(1), 55.174, 
55.1742, 55.1743, 55.1744, 55.1751-55.17592, [or] 55.1768, or 
55.17721, except that the board shall review all real property to be 
financed by bonds issued under those sections to determine whether 
the property meets the standards adopted by the board for cost, 
efficiency, and space use.  If the property does not meet those 
standards, the board shall notify the governor, the lieutenant 
governor, the speaker of the house of representatives, and the 
Legislative Budget Board.
	SECTION ____.  Section 61.058(b), Education Code, is amended 
to read as follows:
	(b)  This section does not apply to construction, repair, or 
rehabilitation financed by bonds issued under Section 55.17(e)(3) 
or (4), 55.1713-55.1718, 55.1721-55.1728, 55.174, 55.1742, 
55.1743, 55.1744, 55.1751-55.17592, [or] 55.1768, or 55.17721,
except that the board shall review all construction, repair, or 
rehabilitation to be financed by bonds issued under those sections 
to determine whether the construction, rehabilitation, or repair 
meets the standards adopted by board rule for cost, efficiency, and 
space use.  If the construction, rehabilitation, or repair does not 
meet those standards, the board shall notify the governor, the 
lieutenant governor, the speaker of the house of representatives, 
and the Legislative Budget Board.