By: Hinojosa S.B. No. 1815

(In the Senate - Filed March 9, 2017; March 23, 2017, read first time and referred to Committee on Finance; April 11, 2017, reported adversely, with favorable Committee Substitute by the following vote: Yeas 14, Nays 0; April 11, 2017, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 1815 By: Hinojosa

A BILL TO BE ENTITLED

AN ACT

relating to the eligibility of public institutions of higher education for formula funding for health-related institutions.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter C, Chapter 61, Education Code, is amended by adding Section 61.0591 to read as follows:

Sec. 61.0591. ELIGIBILITY FOR CERTAIN FORMULA FUNDING. An institution of higher education created on or after January 1, 2017, is eligible for formula funding under formulas established for health-related institutions under Section 61.059 only if a statute:

(1) created or authorized creation of the particular institution; or

(2) expressly provides that the particular institution is eligible for that formula funding.

SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2017.

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