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Amend SB 215 on third reading as follows:
(1) In the SECTION of the bill amending Section 56.451, Education Code, as amended by Second Reading Amendment No. 17 by Giddings:
(A) In the recital, strike "Section 56.451, Education Code, is amended by amending Subdivisions (2) and (3) and adding Subdivisions (4) and (5)" and substitute "Subdivisions (2) and (3), Section 56.451, Education Code, are amended".
(B) Strike added Subdivisions (4) and (5), Section 56.451, Education Code.
(2) Strike the SECTION of the bill amending Section 56.453, Education Code, as added by Second Reading Amendment No. 17 by Giddings, and substitute the following appropriately numbered SECTION:
SECTION ____. Section 56.453, Education Code, is amended by adding Subsection (d) to read as follows:
(d) The coordinating board, in collaboration with eligible institutions and other appropriate entities, shall adopt and implement measures to:
(1) improve student participation in the Texas B-On-time loan program, including strategies to better inform students and prospective students about the program; and
(2) improve the rate of student satisfaction of the requirements for obtaining Texas B-On-time loan forgiveness.
(3) In the SECTION of the bill amending Section 56.455, Education Code, as amended by Second Reading Amendment No. 17 by Giddings, strike amended Subdivision (5) and substitute the following:
(5) comply with any additional nonacademic requirement adopted by the coordinating board under this subchapter.
(4) In the SECTION of the bill amending Section 56.456(a), Education Code, as amended by second reading Amendment No. 17 by Giddings, strike amended Subdivision (5) and substitute the following:
(5) complies with any additional nonacademic requirement adopted by the coordinating board.
(5) In the SECTION of the bill amending Section 56.459, Education Code, as amended by second reading Amendment No. 17 by Giddings:
(A) In the recital, strike "Subsections (a), (b), (e), and (f)" and substitute "Subsections (a), (b), and (f)".
(B) Strike amended Subsection (a) and substitute the following:
(a) The amount of a Texas B-On-time loan for a semester or term for a student enrolled full-time at an eligible institution other than an institution covered by Subsection (b)[, (c), or (d)] is an amount determined by the coordinating board as the average statewide amount of tuition and required fees that a resident student enrolled full-time in a baccalaureate [an undergraduate] degree program would be charged for that semester or term at general academic teaching institutions.
(C) Strike amended Subsections (e) and (f) and substitute the following:
(f) If in any academic year the amount of money in the Texas B-On-time student loan account, other than money appropriated to the account exclusively for loans at eligible institutions that are private or independent institutions of higher education, is insufficient to provide the loans in the maximum amount specified by this section to all eligible persons at eligible institutions that are institutions of higher education [in amounts specified by this section], the coordinating board shall determine the amount of that available money and shall allocate that amount to those eligible institutions in proportion to the amount of tuition set aside by [number of full-time equivalent undergraduate students enrolled at] each of those institutions under Section 56.465 for the preceding academic year [institution]. In the manner prescribed by the coordinating board for purposes of this subsection, each eligible institution that is a private or independent institution of higher education is entitled to receive an allocation only from the general revenue appropriations made for that academic year to eligible private or independent institutions of higher education for the purposes of this subchapter. Each institution shall use the money allocated to award Texas B-On-time loans to eligible students enrolled at the institution selected according to financial need.
(6) Strike the SECTION of the bill amending Section 56.465, Education Code, as added by second reading Amendment No. 17 by Giddings, and substitute the following appropriately numbered SECTION:
SECTION ____. Section 56.465, Education Code, is amended by adding Subsections (c) and (d) to read as follows:
(c) If the amount of tuition set aside by an eligible institution under Subsection (a) in any academic year exceeds the amount necessary to fund Texas B-On-time loans awarded to students enrolled at the institution in that academic year, the coordinating board shall determine the amount by which the tuition set aside by the institution exceeds the amount necessary to fund those loans. The coordinating board shall transfer that amount from the Texas B-On-time student loan account to the credit of an account established for the institution if:
(1) the coordinating board determines that the participation rate of students of the institution in the Texas B-On-time loan program has increased from the participation rate for the preceding academic year; or
(2) the measures adopted by the coordinating board under Section 56.453(d) have been fully implemented at the institution in the current academic year.
(d) Money transferred to the credit of the account established for an eligible institution under Subsection (c) is considered to be institutional funds of the institution and may be used only for a purpose for which tuition set aside under Subchapter B may be used.
(7) Strike the following SECTIONS of the bill, as added by Second Reading Amendment No. 17 by Giddings:
(A) the SECTION amending Section 56.457, Education Code;
(B) the SECTION adding Section 56.4621, Education Code;
(C) the SECTION amending Sections 56.463 and 56.464, Education Code; and
(D) the SECTION adding Section 56.466, Education Code.
(8) Renumber the SECTIONS of the bill as appropriate.