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A BILL TO BE ENTITLED
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AN ACT
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relating to requiring financial disclosure concerning reports |
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prepared by public institutions of higher education for for-profit |
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entities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter Z, Chapter 51, Education Code, is |
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amended by adding Section 51.955 to read as follows: |
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Sec. 51.955. REQUIRED DISCLOSURE OF PAYMENT FOR REPORTS |
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PREPARED FOR FOR-PROFIT ENTITIES. (a) An institution of higher |
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education, as defined by Section 61.003, that contracts with a |
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for-profit entity for the institution, in return for payment from |
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the entity, to conduct research, analysis, a survey, or other |
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academic, scientific, or technical work and prepare a report of |
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that work shall include in the report: |
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(1) a statement that the institution received payment |
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to conduct the work and prepare the report; and |
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(2) the identity of the entity providing the payment. |
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(b) This section does not apply to research, analysis, a |
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survey, or other academic, scientific, or technical work that: |
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(1) is publicly funded by a governmental entity, |
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including any funding received through pass-through funding; or |
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(2) is performed under any agreement executed before |
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September 1, 2011, regardless of the source of the funding. |
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SECTION 2. This Act takes effect September 1, 2011. |