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A BILL TO BE ENTITLED
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AN ACT
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relating to a study regarding state formula funding for |
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health-related institutions and general academic teaching |
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institutions. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 61.059, Education Code, is amended by |
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adding Subsection (p) to read as follows: |
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(p) The Legislative Budget Board shall study and evaluate |
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the practice of using a funding formula for health-related |
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institutions that is different from the funding formula used for |
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general academic teaching institutions. In the study, the |
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Legislative Budget Board shall consider the historical reasons for |
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and the benefits and disadvantages of using different formulas, the |
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benefits and disadvantages of using varying weights, models, |
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scales, and rates for the two formulas, and the effects of current |
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formula funding on economies of scale at affected institutions. |
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The report must include any recommendation of the Legislative |
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Budget Board for legislative or administrative action, including |
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changes in formula funding methodology for health-related |
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institutions or general academic teaching institutions and other |
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changes necessary to promote efficiency and effectiveness in the |
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use of appropriated money to fund health profession education in |
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this state. A recommendation under this subsection must include an |
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explanation of the basis for the recommendation. Not later than |
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December 1, 2014, the Legislative Budget Board shall submit a copy |
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of the report required by this subsection to the board and to the |
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governor, lieutenant governor, and speaker of the house of |
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representatives. This subsection expires January 31, 2015. |
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SECTION 2. 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, 2013. |