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A BILL TO BE ENTITLED
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AN ACT
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relating to eliminating the set-aside of a portion of medical |
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school tuition for the physician education loan repayment program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 61.5391(a), Education Code, is amended |
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to read as follows: |
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(a) The physician education loan repayment program account |
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is an account in the general revenue fund. The account is composed |
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of: |
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(1) gifts and grants contributed to the account; |
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(2) earnings on the principal of the account; and |
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(3) other amounts deposited to the credit of the |
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account, including: |
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(A) [money deposited under Section 61.539(b);
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[(B)] legislative appropriations; and |
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(B) [(C)] money deposited under Section |
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155.2415, Tax Code. |
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SECTION 2. Section 61.539, Education Code, is repealed. |
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SECTION 3. (a) The repeal by this Act of Section 61.539, |
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Education Code, applies beginning with tuition charged for the 2013 |
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fall semester. |
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(b) The repeal by this Act of Section 61.539, Education |
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Code, does not affect the application of that section to tuition set |
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aside for purposes of that section for any semester or other |
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academic term before the 2013 fall semester, and the former law is |
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continued in effect until the tuition set aside before the 2013 fall |
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semester has been used as prescribed by that section. |
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SECTION 4. 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. |