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A BILL TO BE ENTITLED
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AN ACT
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relating to the eligibility of public institutions of higher |
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education for formula funding for health-related institutions. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter C, Chapter 61, Education Code, is |
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amended by adding Section 61.0591 to read as follows: |
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Sec. 61.0591. ELIGIBILITY FOR CERTAIN FORMULA FUNDING. An |
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institution of higher education created on or after January 1, |
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2017, is eligible for formula funding under formulas established |
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for health-related institutions under Section 61.059 only if a |
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statute: |
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(1) created or authorized creation of the particular |
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institution; or |
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(2) expressly provides that the particular |
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institution is eligible for that formula funding. |
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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, 2017. |