Amend HB 2365 (senate committee printing) by adding the following appropriately numbered SECTIONS to the bill and renumbering the subsequent SECTIONS of the bill accordingly:

SECTION ___.  Section 51.751, Education Code, is amended by amending Subsections (a), (b), and (c) and adding Subsection (e) to read as follows:

(a)  The Educational Economic Policy Center [is created as a consortium of universities. Each public senior college or university in the state shall participate in the Educational Economic Policy Center at the request of the governor. The center] shall represent business, finance, public policy, [education,] and other appropriate disciplines.

(b)  The center shall examine the efficiency of the public school system and [the effectiveness of instructional methods and curricular programs and promote the use of successful methods and programs. The center shall monitor and evaluate the implementation of the accountability system under Chapter 39 and] provide annual progress reports to the governor, Legislative Budget Board, and commissioner of education.

(c)  The center may be funded by donations, grants, and legislative appropriations. [The office of the governor may receive grants and donations for the purposes of this subchapter.]

SECTION ___.  Sections 51.752(b), (d), and (g), Education Code, are amended to read as follows:

(b)  The committee is composed of three [nine] members. The governor, lieutenant governor, and speaker of the house of representatives shall each appoint one member [two members, only one of whom may be a board member or employee of a public school district, college, or university]. Those appointees shall include persons in the private sector who have an interest in improving public education. [In addition, the governor shall appoint three members who serve on the boards of regents representing the universities or systems participating in the center.]

(d)  The [governor shall appoint one member of the] committee shall elect a [as the] chairman from among its members.

(g)  The committee shall report to the Legislative Budget Board at least once a year. The committee shall also report to the governor, the State Board of Education, [the Texas Higher Education Coordinating Board,] and the legislature before the convening of each regular session.

SECTION ___.  The terms of members of the Educational Economic Policy Committee serving on the effective date of this Act expire February 1, 2012, and members shall be appointed in accordance with Section 51.752(b), Education Code, as amended by this Act, for terms to begin February 1, 2012. Members whose terms begin February 1, 2012, shall draw lots to determine which two members will serve terms expiring February 1, 2014, and which member will serve a term expiring February 1, 2013.