Amend CSHB 1 (house committee printing) in Article III of the bill, following the appropriations to the Higher Education Coordinating Board, in Rider 29, Toward EXcellence, Access and Success (TEXAS) Grant Program (page III-60), between the first and second paragraphs, by inserting the following:

The Higher Education Coordinating Board shall coordinate with eligible institutions to distribute funds appropriated above for Strategy B.1.1, TEXAS Grant Program, to those institutions in a manner that ensures that each eligible student who graduates in the top 10 percent of the student's high school graduating class receives an initial grant for the 2023-2024 academic year. Notwithstanding any other provision of this Act, the Higher Education Coordinating Board may transfer not more than five percent of the total funds appropriated for Strategy B.1.1, TEXAS Grant Program, for the state fiscal year ending August 31, 2025, to that strategy for the state fiscal year ending August 31, 2024, to the extent necessary to implement this rider.