89R19685 TYPED
 
  By: Hagenbuch S.B. No. 2848
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to performance-based funding goals for general academic
  teaching institutions.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 61.059, Education Code, is amended by
  adding a subsection (t) to read as follows:
         (t)  In addition to other funding authorized by this section,
  beginning in the 2026-27 biennium, the legislature shall
  appropriate funding to general academic teaching institutions
  using an allocation methodology that includes outcome measures to
  incentivize students' timely graduation.  The total amount of
  performance-based funding authorized by this subsection shall
  constitute not less than 15 percent of the sum of the total amount
  of performance-based funding distributed to all eligible
  institutions and the total amount of other formula funding
  authorized by this section.
         SECTION 2.  This Act takes effect September 1, 2025.