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A BILL TO BE ENTITLED
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AN ACT
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relating to eliminating requirements that certain public |
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institutions of higher education set aside portions of tuition for |
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student loan repayment programs for certain physicians and state |
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attorneys. |
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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) or] |
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61.5392; |
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(B) legislative appropriations; and |
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(C) money deposited under Section 155.2415, Tax |
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Code. |
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SECTION 2. Sections 61.9730 and 61.9732, Education Code, |
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are amended to read as follows: |
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Sec. 61.9730. TOTAL AMOUNT OF REPAYMENT ASSISTANCE. The |
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total amount of repayment assistance distributed by the board under |
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this subchapter may not exceed the total amount of gifts, grants, |
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and donations accepted by the board for repayment assistance [and
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tuition set aside under Section 61.9731]. |
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Sec. 61.9732. LIMITATIONS ON FUNDING. The loan repayment |
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program under this subchapter may be funded only from[:
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[(1)] gifts, grants, and donations accepted by the |
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board[; and
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[(2) tuition set aside under Section 61.9731]. |
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SECTION 3. The following provisions of the Education Code |
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are repealed: |
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(1) Section 61.539; and |
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(2) Section 61.9731. |
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SECTION 4. (a) The change in law made by this Act applies |
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beginning with tuition charged for the 2015 fall semester. |
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(b) Tuition charged for any semester or other academic term |
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before the 2015 fall semester is covered by the applicable law as it |
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existed before the effective date of this Act, and the former law is |
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continued in 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, 2015. |