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A BILL TO BE ENTITLED
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AN ACT
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relating to the deposit of optometrist and therapeutic optometrist |
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license fees in the University of Houston development fund for use |
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by the University of Houston College of Optometry. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 351.153(b), Occupations Code, is amended |
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to read as follows: |
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(b) Of each additional fee collected, $50 shall be deposited |
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in the foundation school fund and $150 shall be deposited in the |
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University of Houston development [general revenue] fund to be used |
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solely by the University of Houston College of Optometry, as |
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provided by Section 351.154(b), at the discretion of the |
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appropriate administrators of the institution. |
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SECTION 2. Section 351.154(b), Occupations Code, is amended |
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to read as follows: |
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(b) The board shall deposit in the University of Houston |
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development fund 15 percent of each annual renewal fee collected by |
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the board under Section 351.152. The money paid to that fund under |
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Section 351.153(b) and this subsection may be used solely for |
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scholarships or improvements in the physical facilities, including |
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library facilities, of the College of Optometry. |
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SECTION 3. This Act takes effect September 1, 2015. |