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A BILL TO BE ENTITLED
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AN ACT
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relating to the distribution of funds under the Texas Educational |
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Opportunity Grant Program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 56.403, Education Code, is amended to |
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read as follows: |
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(e) From money appropriated by the Legislature for the |
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purposes of this subchapter, the coordinating board annually shall |
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determine the allocation of money available for initial grants |
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among eligible institutions and shall distribute accordingly. |
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(e-1) In allocating among eligible institutions money |
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available for initial grants for an academic year, the coordinating |
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board shall establish the amount of funds eligible for the public |
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state colleges and public technical institutes as eight percent of |
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the total amount appropriated. |
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SECTION 2. This Act takes effect |
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September 1, 2015. |