H.B. No. 2668
 
 
 
 
AN ACT
  relating to the dissolution of a direct-support organization
  established by the Prepaid Higher Education Tuition Board and the
  transfer of funds related to prepaid higher education tuition
  scholarships to the Texas Match the Promise Foundation or a
  successor entity.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 54.633, Education Code, is amended by
  adding Subsection (n) to read as follows:
         (n)  The comptroller may dissolve a direct-support
  organization established under Subsection (e) if the comptroller
  determines that the purpose of the organization has been
  substantially complied with and orders the dissolution.  On
  dissolution of the organization, title to all funds and property
  held by the organization is transferred to the Texas Match the
  Promise Foundation or a successor entity.
         SECTION 2.  This Act takes effect September 1, 2019.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 2668 was passed by the House on April
  30, 2019, by the following vote:  Yeas 138, Nays 3, 1 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 2668 was passed by the Senate on May
  22, 2019, by the following vote:  Yeas 31, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor