87R1239 KJE-D
 
  By: White H.B. No. 557
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the establishment of the Science, Technology,
  Engineering, and Mathematics (STEM) Scholarship Program for
  certain students at public institutions of higher education.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Chapter 61, Education Code, is amended by adding
  Subchapter LL to read as follows:
  SUBCHAPTER LL. SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS
  (STEM) SCHOLARSHIP PROGRAM
         Sec. 61.9851.  DEFINITION. In this subchapter, "STEM
  program" means a science, technology, engineering, or mathematics
  program.
         Sec. 61.9852.  SCHOLARSHIP PROGRAM. (a) For purposes of
  Section 49-g(c-3), Article III, Texas Constitution, the Science,
  Technology, Engineering, and Mathematics (STEM) Scholarship
  Program is established to provide eligible students with
  scholarships to attend a STEM program at an institution of higher
  education.
         (b)  The board shall establish and administer the
  scholarship program in accordance with this subchapter and board
  rules.
         Sec. 61.9853.  ELIGIBILITY. (a) To receive an initial
  scholarship under this subchapter, a student must:
               (1)  be a citizen or lawful permanent resident of the
  United States;
               (2)  be a Texas resident under Section 54.052;
               (3)  enroll in a STEM program at an institution of
  higher education; and
               (4)  comply with any other eligibility requirements
  established by board rule.
         (b)  To continue to qualify for a scholarship under this
  subchapter, a student must:
               (1)  remain enrolled in a STEM program at an
  institution of higher education;
               (2)  make satisfactory academic progress as determined
  by board rule; and
               (3)  comply with any other eligibility requirements
  established by board rule.
         Sec. 61.9854.  AMOUNT; FUNDING. From funds retained as
  general revenue under Section 49-g(c-3), Article III, Texas
  Constitution, and appropriated for that purpose and from any other
  available funds, the board shall award scholarships in an amount
  determined by board rule to eligible students under the scholarship
  program.
         SECTION 2.  The Texas Higher Education Coordinating Board
  shall begin awarding scholarships under Subchapter LL, Chapter 61,
  Education Code, as added by this Act, for the first academic year
  for which money is appropriated for that purpose, except that the
  coordinating board may not award scholarships under that subchapter
  for an academic year before the 2023-2024 academic year.
         SECTION 3.  This Act takes effect January 1, 2022, but only
  if the constitutional amendment proposed by the 87th Legislature,
  Regular Session, 2021, to reduce the allocation of certain general
  revenue to the economic stabilization fund and to use that revenue
  for certain science, technology, engineering, and mathematics
  (STEM) scholarships is approved by the voters. If that
  constitutional amendment is not approved by the voters, this Act
  has no effect.