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A BILL TO BE ENTITLED
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AN ACT
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relating to the financial self-sufficiency of the Cancer Prevention |
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and Research Institute of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 102, Health and Safety |
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Code, is amended by adding Section 102.005 to read as follows: |
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Sec. 102.005. FINANCIAL SELF-SUFFICIENCY PLAN. (a) The |
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institute shall develop a plan that specifies how the institute |
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will become financially self-sufficient and continue to operate |
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without state funding. |
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(b) The plan described by Subsection (a) must: |
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(1) specify the steps the institute will take to |
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accomplish the transition to financial self-sufficiency before |
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September 1, 2021; |
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(2) specify sources of funding other than state money |
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to be used to operate the institute on and after September 1, 2021; |
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and |
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(3) describe how the institute will structure |
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state-funded grants until September 1, 2021, to ensure that all |
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grants that use state money are closed out by that date. |
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(c) The institute shall submit the initial plan to the |
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legislature not later than December 1, 2016. The institute shall |
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submit an updated plan before December 1 of each subsequent year. |
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(d) This section expires September 1, 2021. |
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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, 2015. |