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A BILL TO BE ENTITLED
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AN ACT
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relating to debt issuance authority of and funding for the Cancer |
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Prevention and Research Institute of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter C, Chapter 1232, Government Code, is |
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amended by adding Section 1232.1221 to read as follows: |
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Sec. 1232.1221. COMMENCEMENT OF CERTAIN MULTIYEAR |
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CANCER-RELATED PROJECTS. (a) Funds may be distributed to a grant |
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recipient for a multiyear project for which an award is granted by |
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the Cancer Prevention and Research Institute of Texas Oversight |
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Committee as authorized by Section 102.257, Health and Safety Code, |
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after the authority has certified that obligations in an amount |
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sufficient to pay the money needed to fund the project have been |
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authorized for issuance by the authority and approved by the Bond |
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Review Board. |
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(b) After issuing the obligations, the board shall: |
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(1) pay the costs of the issuance and any related bond |
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administrative costs of the authority; |
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(2) certify to the Cancer Prevention and Research |
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Institute of Texas and to the comptroller that the proceeds from the |
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issuance are available; and |
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(3) deposit the proceeds into the state treasury to be |
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credited to the account of the Cancer Prevention and Research |
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Institute of Texas. |
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SECTION 2. Subsections (b) and (c), Section 102.201, Health |
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and Safety Code, are amended to read as follows: |
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(b) The cancer prevention and research fund consists of: |
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(1) patent, royalty, and license fees and other income |
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received under a contract entered into as provided by Section |
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102.255; |
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(2) appropriations of money to the fund by the |
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legislature, except that the appropriated money may not include the |
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proceeds from the issuance of bonds authorized by Section 67, |
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Article III, Texas Constitution; |
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(3) gifts, grants, including grants from the federal |
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government, and other donations received for the fund; and |
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(4) interest earned on the investment of money in the |
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fund. |
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(c) The fund may be used only to pay for: |
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(1) grants for cancer research and for cancer research |
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facilities in this state to realize therapies, protocols, and |
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medical procedures for the cure or substantial mitigation of all |
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types of cancer in humans; |
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(2) the purchase, subject to approval by the |
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institute, of laboratory facilities by or on behalf of a state |
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agency or grant recipient; |
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(3) grants to public or private persons to implement |
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the Texas Cancer Plan; |
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(4) the operation of the institute; [and] |
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(5) grants for cancer prevention and control programs |
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in this state to mitigate the incidence of all types of cancer in |
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humans; and |
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(6) debt service on bonds issued as authorized by |
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Section 67, Article III, Texas Constitution. |
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SECTION 3. Section 102.257, Health and Safety Code, is |
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amended to read as follows: |
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Sec. 102.257. MULTIYEAR PROJECTS. The oversight committee |
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may grant funds for a multiyear project. The oversight committee |
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must specify the total amount of [All the] money approved [needed] |
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to fund the [a] multiyear project. The total amount specified is |
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considered for purposes of Section 102.253 to have been [must be] |
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awarded in the state fiscal year that the project is approved by the |
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research and prevention programs committee. The institute shall |
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distribute only the money that will be expended during that fiscal |
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year. The institute may maintain the remaining money needed in each |
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subsequent fiscal year [shall be maintained] in an escrow account |
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to be distributed by the institute as the money is needed [in
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subsequent years of the project]. |
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SECTION 4. The changes in law made by this Act apply only to |
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a grant of funds for a multiyear project by the Cancer Prevention |
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and Research Institute of Texas Oversight Committee as authorized |
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by Section 102.257, Health and Safety Code, as amended by this Act, |
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made on or after June 1, 2011. A grant of funds for a multiyear |
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project made before that date is governed by the law in effect on |
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the date the grant was made, and the former law is continued in |
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effect for that purpose. |
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SECTION 5. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2011. |
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