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A BILL TO BE ENTITLED
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AN ACT
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relating to authorizing the issuance of revenue bonds or other |
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obligations to fund capital projects at public institutions of |
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higher education. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 55, Education Code, is |
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amended by adding Sections 55.1771, 55.1772, 55.1773, 55.1774, |
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55.1775, 55.1776, 55.1777, 55.1778, 55.1779, 55.1780, and 55.1781 |
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to read as follows: |
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Sec. 55.1771. THE TEXAS A&M UNIVERSITY SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of The Texas A&M University System |
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may acquire, purchase, construct, improve, renovate, enlarge, or |
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equip facilities, including roads and related infrastructure, for |
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projects to be financed through the issuance of bonds in accordance |
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with this subchapter and in accordance with a systemwide revenue |
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financing program adopted by the board for the following |
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institutions and facilities not to exceed the following aggregate |
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principal amounts for the projects specified as follows: |
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(1) Tarleton State University: |
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(A) $53,000,000 for the renovation and |
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rehabilitation of the O.A. Grant Building, Joe Autry Agricultural |
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Building, and the Engineering Technology Building; |
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(B) $26,000,000 for a Student Success Center and |
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classroom building; |
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(C) $58,000,000 for a Special Events Center; and |
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(D) $29,000,000 for an Environmental and |
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Agribusiness Research Building. |
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(2) Texas A&M University-Commerce: |
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(A) $23,250,000 for renovation of the University |
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Library; and |
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(B) $11,250,000 for renovation of the Ferguson |
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Auditorium and Hall of Languages Building; |
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(3) Texas A&M University-Corpus Christi: |
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(A) $75 million for a life sciences building; |
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(B) $50 million for a fine arts center; and |
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(C) $31,000,000 for a Learning Resource Center |
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(4) Texas A&M University-Kingsville: |
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(A) $70 million for a performing and visual arts |
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educational complex; and |
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(B) $65 million for a natural |
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resources/agriculture academic complex; |
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(5) Texas A&M University-Texarkana, $46 million for a |
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classroom and office building; |
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(6) West Texas A&M University: |
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(A) $11 million for renovation of the engineering |
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program building; |
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(B) $15 million for a nursing and health sciences |
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building; and |
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(C) $13,000,000 for renovations for a Research |
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Facility |
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(7) The Texas A&M University System Health Science |
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Center: |
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(A) $200 million for Health Science Center |
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expansion in Bryan, Round Rock, and Temple, Texas; and |
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(B) $60 million for a Health Science Center |
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education and research building in Dallas, Texas; |
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(8) Prairie View A&M University: |
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(A) $65 million for a classroom building for the |
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College of Education and renovation of the current (Delco) building |
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for academic purposes; and |
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(B) $15 million for facilities renewal for |
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academic buildings; |
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(9) Texas A&M University, $95 million for facilities |
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renewal; |
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(10) Texas A&M University at Galveston, $46 million |
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for facilities renewal; and |
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(11) Texas A&M International University: |
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(A) $32,500,000 for an academic classroom |
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building; and |
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(B) $12 million for library expansion and a |
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support services building. |
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(12) Texas A&M System Centers: |
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(A) Texas A&M-Central Texas: $50,000,000 for a |
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new Classroom/Lab/Office Building |
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(B) Texas A&M-San Antonio: $60,000,000 for a new |
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Classroom/Lab/Office Building |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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an institution, branch, or entity of The Texas A&M University |
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System, including student tuition charges. The amount of a pledge |
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made under this subsection may not be reduced or abrogated while the |
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bonds for which the pledge is made, or bonds issued to refund those |
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bonds, are outstanding. |
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(c) If sufficient funds are not available to the board to |
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meet its obligations under this section, the board may transfer |
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funds among institutions, branches, and entities of The Texas A&M |
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University System to ensure the most equitable and efficient |
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allocation of available resources for each institution, branch, or |
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entity to carry out its duties and purposes. |
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Sec. 55.1772. THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of The University of Texas System |
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may acquire, purchase, construct, improve, renovate, enlarge, or |
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equip facilities, including roads and related infrastructure, for |
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projects to be financed through the issuance of bonds in accordance |
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with this subchapter and in accordance with a systemwide revenue |
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financing program adopted by the board for the following |
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institutions not to exceed the following aggregate principal |
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amounts for the projects specified as follows: |
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(1) The University of Texas at Arlington: |
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(A) $31,000,000 for an Engineering Research |
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Building; and |
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(B) $60,000,000 for a Nanofab building; |
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(2) The University of Texas at Austin: |
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(A) $100,000,000 for Phase II of the Liberal Arts |
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building; |
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(B) $75,000,000 for the Battle Hall complex; and |
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(C) $150,000,000 for renovation of the core |
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campus; |
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(3) The University of Texas at Brownsville, |
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$63,000,000 for a Student Success Center; |
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(4) The University of Texas at Dallas, $140,000,000 |
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for a Bio-engineering and Science building; |
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(5) The University of Texas at El Paso: |
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(A) $75,000,000 for the Honors and Student |
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Leadership Institute; and |
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(B) $80,000,000 for upgrade and renovation of |
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the fine arts center; |
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(6) The University of Texas-Pan American: |
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(A) $261,554 for the Starr County Upper-Level |
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Center; |
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(B) $1,734,798 for the fine arts academic and |
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performance complex; |
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(C) $40,000,000 College of Business |
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Administration renovation and expansion ; and |
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(D) $50,000,000 for a research facility addition |
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to the Science Complex; |
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(7) The University of Texas of the Permian Basin: |
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(A) $8,9000,000 for a science and technology |
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complex; |
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(B) $7,430,000 million for an arts convocation |
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and classroom facility at the CEED; |
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(C) $49,000,000 for an engineering building; and |
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(D) $12,000,000 for campus renovation; |
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(8) The University of Texas at San Antonio: |
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(A) $132,500,000 for an experimental science |
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instructional building; |
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(B) $80,000,000 for an information and |
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innovation library center; and |
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(C) $90,000,000 for a Multidimensional |
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Visualization Center |
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(9) The University of Texas at Tyler |
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(A) $46,000,000 for a Technology and Life |
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Sciences Building. |
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(10) The University of Texas Southwestern Medical |
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Center at Dallas: |
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(A) $60 million for the finish out of north |
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campus (phase 5);and |
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(B) $50 million for south campus building |
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renovation; |
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(11) The University of Texas Medical Branch at |
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Galveston, $40,000,000 for an education building; |
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(12) The University of Texas Health Science Center at |
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Houston: |
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(A) $11,000,000 for a replacement building for |
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The University of Texas Dental Branch at Houston; |
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(B) $35,000,000 for a research park complex; and |
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(C) $35,000,000 for expansion of the School of |
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Public Health building; |
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(13) The University of Texas Health Science Center at |
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San Antonio: |
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(A) $20,000,000 for the South Texas Research |
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Facility; |
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(B) $50,000,000 for an academic learning and |
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teaching center building; and |
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(C) $20,000,000 for facilities and technology |
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infrastructure upgrade; |
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(14) The University of Texas M. D. Anderson Cancer |
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Center: |
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(A) $8,000,000 for the Center for Targeted |
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Therapy research building; and |
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(B) $75,000,000 for a Basic Science Research |
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Building II; and |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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an institution, branch, or entity of The University of Texas |
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System, including student tuition charges. The amount of a pledge |
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made under this subsection may not be reduced or abrogated while the |
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bonds for which the pledge is made, or bonds issued to refund those |
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bonds, are outstanding. |
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(c) If sufficient funds are not available to the board to |
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meet its obligations under this section, the board may transfer |
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funds among institutions, branches, and entities of The University |
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of Texas System to ensure the most equitable and efficient |
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allocation of available resources for each institution, branch, or |
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entity to carry out its duties and purposes. |
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Sec. 55.1773. UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of the University of Houston |
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System may acquire, purchase, construct, improve, renovate, |
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enlarge, or equip facilities, including roads and related |
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infrastructure, for the following institutions, to be financed |
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through the issuance of bonds in accordance with this subchapter |
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and in accordance with a systemwide revenue financing program |
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adopted by the board, in aggregate principal amounts not to exceed |
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the following: |
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(1) the University of Houston: |
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(A) $83,000,000 for a energy and wind research |
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building; |
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(B) $75,000,000 for a bio-life sciences research |
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building; and |
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(C) $27,000,000 for a multi-cultural studies and |
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classroom complex; |
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(2) the University of Houston--Clear Lake, |
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$68,600,000 for an academic enrichment and research facility; |
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(3) the University of Houston--Downtown, $51,429,000 |
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for a science and technology building; and |
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(4) the University of Houston-Victoria, $30,500,000 |
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for a health and kinesiology education building. |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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an institution, branch, or entity of the University of Houston |
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System, including student tuition charges. The amount of a pledge |
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made under this subsection may not be reduced or abrogated while the |
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bonds for which the pledge is made, or bonds issued to refund those |
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bonds, are outstanding. |
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(c) If sufficient funds are not available to the board to |
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meet its obligations under this section, the board may transfer |
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funds among institutions, branches, and entities of the University |
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of Houston System to ensure the most equitable and efficient |
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allocation of available resources for each institution, branch, or |
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entity to carry out its duties and purposes. |
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Sec. 55.1774. TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of the Texas State University |
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System may acquire, purchase, construct, improve, renovate, |
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enlarge, or equip facilities, including roads and related |
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infrastructure, for projects to be financed through the issuance of |
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bonds in accordance with this subchapter and in accordance with a |
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systemwide revenue financing program adopted by the board for the |
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following institutions not to exceed the following aggregate |
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principal amounts for the projects specified as follows: |
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(1) Lamar University: |
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(A) $25,000,000 for a new science building; |
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(B) $15,000,000 for a facilities management |
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complex; |
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(C) $36,000,000 for renovation of academic |
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buildings; |
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(D) $15,000,000 for a new administration |
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services building; |
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(E) $5,000,000 for a new security and computing |
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center; |
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(F) $10,000,000 for Addition II to the Cherry |
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Engineering Building; and |
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(G) $2,000,000 for the land acquisition; |
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(2) Lamar State College-Orange: |
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(A) $3,600,000 for a workforce training center; |
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and |
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(B) $6,000,000 for a multi-purpose educational |
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building; |
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(3) Lamar State College-Port Arthur: |
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(A) $1,100,000 for an addition to the allied |
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health building; and |
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(B) $1,500,000 for Phase 1 of the Central Plant; |
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(4) Lamar Institute of Technology: |
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(A) $12,000,000 for a student services learning |
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support center; and |
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(B) $12,000,000 for the renovation of five |
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technical arts buildings; |
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(5) Texas State University-San Marcos: |
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(A) $52,000,000 for a recital hall and theater |
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center |
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(B) $73,366,977 for RRHEC-Health Professions #1; |
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(C) $79,425,175 for a music building; |
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(D) $24,849,899 for RRHEC-Health Professions #2; |
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and |
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(E) $33,075,242 for an engineering and sciences |
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building; |
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(6) Sam Houston State University: |
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(A) $37,000,000 for an integrated energy and |
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technology building; |
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(B) $30,000,000 for a nursing, allied health, and |
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biology building; |
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(C) $24,000,000 for the Texas Forensic Science |
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Building; and |
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(D) $20,000,000 for an agriculture complex and |
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academic building |
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(7) Sul Ross State University: |
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(A) $4,845,000 for the renovation of the |
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industrial technology building; and |
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(B) $1,500,000 for a student success center. |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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an institution, branch, or entity of the Texas State University |
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System, including student tuition charges. The amount of a pledge |
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made under this subsection may not be reduced or abrogated while the |
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bonds for which the pledge is made, or bonds issued to refund those |
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bonds, are outstanding. |
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(c) If sufficient funds are not available to the board to |
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meet its obligations under this section, the board may transfer |
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funds among institutions, branches, and entities of the Texas State |
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University System to ensure the most equitable and efficient |
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allocation of available resources for each institution, branch, or |
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entity to carry out its duties and purposes. |
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Sec. 55.1775. UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of the University of North Texas |
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System may acquire, purchase, construct, improve, renovate, |
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enlarge, or equip facilities, including roads and related |
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infrastructure, for projects to be financed through the issuance of |
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bonds in accordance with this subchapter and in accordance with a |
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systemwide revenue financing program adopted by the board for the |
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following institutions and facilities not to exceed the following |
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aggregate principal amounts for the projects specified as follows: |
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(1) the University of North Texas System, $40,000,000 |
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for a College of Law; |
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(2) the University of North Texas, $63,000,000 for a |
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College of Visual Arts and Design building; and |
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(3) the University of North Texas Dallas Campus, |
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$18,500,000 for a second building. |
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(4) the University of North Texas Health Sciences |
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Center. $90,000,000 for a new Research Building |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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an institution, branch, or entity of the University of North Texas |
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System, including student tuition charges. The amount of a pledge |
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made under this subsection may not be reduced or abrogated while the |
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bonds for which the pledge is made, or bonds issued to refund those |
|
bonds, are outstanding. |
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(c) If sufficient funds are not available to the board to |
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meet its obligations under this section, the board may transfer |
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funds among institutions, branches, and entities of the University |
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of North Texas System to ensure the most equitable and efficient |
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allocation of available resources for each institution, branch, or |
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entity to carry out its duties and purposes. |
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(d) Notwithstanding Subsection (a), the University of North |
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Texas System may not issue bonds under this section for facilities |
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at the University of North Texas Dallas Campus until the Texas |
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Higher Education Coordinating Board certifies that enrollment at |
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the University of North Texas Dallas Campus has reached an |
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enrollment equivalent of 1,500 full-time students for one semester. |
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If that enrollment is not reached by January 1, 2010, the system's |
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authority to issue bonds for the University of North Texas Dallas |
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Campus under this section expires on that date. |
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Sec. 55.1776. TEXAS WOMAN'S UNIVERSITY. (a) In addition to |
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the other authority granted by this subchapter, the board of |
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regents of Texas Woman's University may acquire, purchase, |
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construct, improve, renovate, enlarge, or equip facilities, |
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including roads and related infrastructure, for projects to be |
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financed through the issuance of bonds in accordance with this |
|
subchapter and in accordance with a systemwide revenue financing |
|
program adopted by the board for the following institutions and |
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facilities not to exceed the following aggregate principal amounts |
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for the projects specified as follows: |
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(1) $26,000,000 for a graduate research building; |
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(2) $17,500,000 for the renovation of the old main |
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building; |
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(3) $9,500,000 for a new academic support and |
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administrative support building; and |
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(4) $4,800,000 for infrastructure repair and upgrade. |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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Texas Woman's University, including student tuition charges. The |
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amount of a pledge made under this subsection may not be reduced or |
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abrogated while the bonds for which the pledge is made, or bonds |
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issued to refund those bonds, are outstanding. |
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Sec. 55.1777. MIDWESTERN STATE UNIVERSITY; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
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subchapter, the board of regents of Midwestern State University may |
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acquire, purchase, construct, improve, renovate, enlarge, or equip |
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facilities, including roads and related infrastructure, for |
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projects at Midwestern State University, to be financed through the |
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issuance of bonds in accordance with this subchapter not to exceed |
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the following aggregate principal amounts for the projects |
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specified as follows: |
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(1) $6,420,000 for Phase II of the renovation of the D. |
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L. Ligon Building; and |
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(2) $40,000,000 for the reconstruction of the Moffett |
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Library. |
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(b) The board may pledge irrevocably to the payment of bonds |
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authorized by this section all or any part of the revenue funds of |
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Midwestern State University, including student tuition charges. |
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The amount of a pledge made under this subsection may not be reduced |
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or abrogated while the bonds for which the pledge is made, or bonds |
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issued to refund those bonds, are outstanding. |
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Sec. 55.1778. STEPHEN F. AUSTIN STATE UNIVERSITY. (a) In |
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addition to the other authority granted by this subchapter, the |
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board of regents of Stephen F. Austin State University may acquire, |
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purchase, construct, improve, renovate, enlarge, or equip |
|
facilities, including roads and related infrastructure, for a |
|
molecular sciences building at Stephen F. Austin State University, |
|
to be financed through the issuance of bonds in accordance with this |
|
subchapter not to exceed the aggregate principal amount of |
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$46,000,000. |
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(b) The board may pledge irrevocably to the payment of bonds |
|
authorized by this section all or any part of the revenue funds of |
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Stephen F. Austin State University, 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. |
|
Sec. 55.1779. TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL |
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BONDS. (a) In addition to the other authority granted by this |
|
subchapter, the board of regents of the Texas Tech University |
|
System may acquire, purchase, construct, improve, renovate, |
|
enlarge, or equip facilities, including roads and related |
|
infrastructure, for projects to be financed through the issuance of |
|
bonds in accordance with this subchapter and in accordance with a |
|
systemwide revenue financing program adopted by the board not to |
|
exceed the following aggregate principal amounts for the projects |
|
specified as follows: |
|
(1) Texas Tech University Health Sciences Center: |
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(A) $72,000,000 for Lubbock |
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Education/Research/Technology and renovation; |
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(B) $58,500,000 for the EL Paso Medical Science |
|
Building II; |
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(C) $27,000,000 for the El Paso Clinical Sciences |
|
Building; |
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(D) $12,600,000 for the Permian Basin medical |
|
education facility; and |
|
(E) $14,850,000 for the Panhandle |
|
clinical/hospital simulation center; |
|
(2) Texas Tech University: |
|
(A) $95,000,000 for the expansion and renovation |
|
of the College of Engineering; |
|
(B) $42,500,000 for a Plant and Soil Sciences |
|
Building; and |
|
(C) $45,000,000 for a performing arts center; and |
|
(3) Angelo State University: |
|
(A) $40,000,000 for the College of Nursing and |
|
Allied Health; |
|
(B) $35,000,000 for campus modernization and |
|
expansion; and |
|
(C) $42,325,000 for a Performing Arts Center. |
|
(b) The board may pledge irrevocably to the payment of bonds |
|
authorized by this section all or any part of the revenue funds of |
|
an institution, branch, or entity of the Texas Tech University |
|
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 Texas Tech |
|
University 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. |
|
Sec. 55.1780. TEXAS SOUTHERN UNIVERSITY; ADDITIONAL BONDS. |
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(a) In addition to the other authority granted by this subchapter, |
|
the board of regents of Texas Southern University may acquire, |
|
purchase, construct, improve, renovate, enlarge, or equip |
|
facilities, including roads and related infrastructure, for |
|
projects at Texas Southern University, to be financed through the |
|
issuance of bonds in accordance with this subchapter not to exceed |
|
the following aggregate principal amounts for the projects |
|
specified as follows: |
|
(1) $46,000,000 for renovation of the Robert J. Terry |
|
Library; |
|
(2) $9,450,000 for a Spearman technology building; |
|
(3) $4,500,000 for Multi-purpose Academic Center; |
|
(4) $30,000,000 for deferred maintenance; |
|
(5) $5,000,000 for asbestos abatement and removal; |
|
(6) $10,000,000 for campus |
|
infrastructure/beautification; and |
|
(7) $4,000,000 for land acquisition/Multi-Purpose |
|
Academic Center. |
|
(b) The board may pledge irrevocably to the payment of bonds |
|
authorized by this section all or any part of the revenue funds of |
|
Texas Southern University, 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. |
|
Sec. 55.1781. TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a) In |
|
addition to the other authority granted by this subchapter, the |
|
board of regents of the Texas State Technical College System may |
|
acquire, purchase, construct, improve, renovate, enlarge, or equip |
|
property, buildings, structures, facilities, roads, or related |
|
infrastructure, for projects to be financed through the issuance of |
|
bonds in accordance with this subchapter not to exceed the |
|
following aggregate principal amounts for the projects specified as |
|
follows: |
|
(1) Texas State Technical College-Harlingen, |
|
$8,000,000 to construct an academic building; |
|
(2) Texas State Technical College-Brownwood, |
|
$3,000,000 to renovate an academic building; |
|
(3) Texas State Technical College-Marshall, |
|
$2,500,000 for a diesel equipment technology building; and |
|
(4)Texas State Technical College-Waco: |
|
(A) $10,000,000 for a learning services center; |
|
and |
|
(B) $5,000,000 for Phase II of the East |
|
Williamson County Education Center. |
|
(b) The board may pledge irrevocably to the payment of those |
|
bonds all or any part of the revenue funds of an institution, |
|
branch, or entity of the Texas State Technical College 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 Texas State |
|
Technical College 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. |
|
SECTION 2. 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, [or] 55.1751-55.17592, or |
|
55.1771-55.1781, 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 3. 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 [or] 55.1751-55.17.592 , or 55.1771-55.1781, |
|
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. |
|
SECTION 4. This Act does not affect any authority or |
|
restriction regarding the activities that a public institution of |
|
higher education may conduct in connection with a facility financed |
|
by bonds authorized by this Act. |
|
SECTION 5. This Act takes effect immediately if it receives |
|
a vote of two-thirds of all the members elected to each house, as |
|
provided by Section 39, Article III, Texas Constitution. If this |
|
Act does not receive the vote necessary for immediate effect, this |
|
Act takes effect on the 91st day after the last day of the |
|
legislative session. |