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Highlights 77th Texas Legislature - Senate

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EDUCATION/Higher<br />

77 th <strong>Texas</strong> <strong>Legislature</strong><br />

new jobs created since 1990. There are 772,000 high-tech employees in <strong>Texas</strong>, approximately 11 percent<br />

of the state's workforce.<br />

Creates two new funds, the <strong>Texas</strong> Excellence Fund (TEF) and University Research Fund (URF) to promote<br />

research and provide excellence funds for certain comprehensive research universities.<br />

Authorizes a portion of the annual $50 million deposit from General Revenue to the Permanent Higher<br />

Education Fund (PHEF) to instead be deposited into the TEF. The portion is an amount equal to the<br />

portion of the total return on investment assets of the higher education fund in the preceding state fiscal<br />

year computed by multiplying that total return by the percentage of the total return on all investment assets<br />

of the permanent fund for tobacco education and enforcement that constitutes available earnings as<br />

determined by the comptroller.<br />

Requires the legislature in each fiscal year to appropriate or provide an amount into the URF equal to the<br />

amount deposited in the TEF in that fiscal year.<br />

Authorizes the legislature to appropriate or provide for the transfer of any available money to the credit of<br />

the TEF and requires the comptroller to distribute all assets in the university research fund as soon as<br />

practicable to eligible institutions.<br />

Authorizes an institution to use money appropriated from the TEF or the URF only for the support and<br />

maintenance of educational and general activities that promote increased research capacity and develop<br />

institutional excellence<br />

Directs the formation of a committee to conduct a study to: examine the feasibility of creating a single<br />

research enhancement fund to provide funding for institutions of higher education that have a proven<br />

research history; examine how institutions have historically utilized "excellence funds"; and consider<br />

whether a portion of the annual distribution from the permanent university fund to the available university<br />

fund appropriated to The University of <strong>Texas</strong> System under Section 18(f), Article VII, <strong>Texas</strong> Constitution,<br />

should be appropriated or made available for appropriation for the support and maintenance of institutions<br />

of higher education in The University of <strong>Texas</strong> System other than The University of <strong>Texas</strong> at Austin.<br />

Loan Repayment Assistance for Public Service Attorneys - H.B. 2323<br />

by Representative Gallego<br />

<strong>Senate</strong> Sponsor: Senator Shapleigh<br />

Attorneys working in nonprofit organizations that provide free representation to indigent clients and<br />

attorneys working in rural county or district attorney’s offices need help repaying law school loans.<br />

Authorizes the <strong>Texas</strong> Higher Education Coordinating Board to assist those attorneys who apply to repay<br />

tuition loans from money donated for the purpose.<br />

Establishes eligibility, application process, amount and time limitations, and employment requirements to<br />

qualify.<br />

<strong>Senate</strong> Research Center 87

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