87S30814 MM-F
 
  By: Burns H.B. No. 159
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the issuance of revenue bonds to fund capital projects
  at public institutions of higher education and the designation of
  certain appropriated funds allocated to those institutions.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter B, Chapter 55, Education Code, is
  amended by adding Section 55.111 to read as follows:
         Sec. 55.111.  CERTAIN ALLOCATED FUNDS TO BE DESIGNATED AS
  CAPITAL IMPROVEMENT DEBT ASSISTANCE. For purposes of this
  subchapter, funds allocated from the appropriation of general
  revenue to an institution of higher education to supplement revenue
  funds of the institution described by Section 55.13(a) may be
  designated as "Capital Improvement Debt Assistance."
         SECTION 2.  Subchapter B, Chapter 55, Education Code, is
  amended by adding Sections 55.1791, 55.1792, 55.1793, 55.1794,
  55.1795, 55.1796, 55.1797, 55.1798, 55.1799, and 55.17991 to read
  as follows:
         Sec. 55.1791.  THE TEXAS A&M UNIVERSITY SYSTEM; ADDITIONAL
  BONDS. (a) In addition to the other authority granted by this
  subchapter, the board of regents of The Texas A&M University System
  may acquire, purchase, construct, improve, renovate, enlarge, or
  equip property and facilities, including roads and related
  infrastructure, for projects to be financed through the issuance of
  bonds in accordance with this subchapter and in accordance with a
  systemwide revenue financing program adopted by the board for the
  following institutions, not to exceed the following aggregate
  principal amounts for the projects specified, as follows:
               (1)  The Texas A&M University System, $58 million for
  construction of a STEM education center at the RELLIS campus;
               (2)  Prairie View A&M University, $60 million for
  construction of a teaching and academic student support services
  facility;
               (3)  Tarleton State University:
                     (A)  $60 million for construction of a College of
  Health Sciences and Human Services building on the Stephenville
  campus; and
                     (B)  $60 million for Fort Worth campus expansion;
               (4)  Texas A&M University, $75 million for construction
  of a clinical veterinary teaching and research complex;
               (5)  Texas A&M University--Commerce, $60 million for
  construction of an agricultural education and research complex;
               (6)  Texas A&M University--Corpus Christi, $60 million
  for construction of an arts and media building;
               (7)  Texas A&M University at Galveston, $45 million for
  construction of an engineering classroom and research building;
               (8)  Texas A&M University--Kingsville, $60 million for
  renovations to address deferred maintenance for campus buildings;
               (9)  Texas A&M University--Central Texas, $50 million
  for construction of a central utility plant and infrastructure
  upgrades;
               (10)  West Texas A&M University, $60 million for
  infrastructure upgrades to address health and safety issues and the
  renovation of an education building;
               (11)  Texas A&M University--San Antonio, $60 million
  for construction of a public health and education building;
               (12)  Texas A&M International University, $60 million
  for construction of a health science education and research center;
               (13)  Texas A&M University--Texarkana, $46 million for
  construction of a business, engineering, and technology building;
  and
               (14)  The Texas A&M University System Health Science
  Center:
                     (A)  $80 million for construction of the Texas
  Medical Center Building 3 in Houston, Texas; and
                     (B)  $40 million for construction of a nursing
  education and research center in McAllen, Texas.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of The Texas A&M University
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of The Texas A&M
  University System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1792.  THE UNIVERSITY OF TEXAS SYSTEM; ADDITIONAL
  BONDS. (a)  In addition to the other authority granted by this
  subchapter, the board of regents of The University of Texas System
  may acquire, purchase, construct, improve, renovate, enlarge, or
  equip property and facilities, including roads and related
  infrastructure, for projects to be financed through the issuance of
  bonds in accordance with this subchapter and in accordance with a
  systemwide revenue financing program adopted by the board for the
  following institutions, not to exceed the following aggregate
  principal amounts for the projects specified, as follows:
               (1)  The University of Texas System, $75 million for
  renovation of the Microelectronics Research Center at the
  J. J. Pickle Research Campus;
               (2)  The University of Texas at Arlington, $70 million
  for renovation of the Life Science building;
               (3)  The University of Texas at Austin, $75 million for
  renovation of the Physics, Math, and Astronomy building;
               (4)  The University of Texas at Dallas, $70 million for
  construction of a student success center;
               (5)  The University of Texas at El Paso, $70 million for
  construction of an advanced teaching and learning complex;
               (6)  The University of Texas of the Permian Basin, $60
  million for renovation of the Mesa Building and campus
  transformation;
               (7)  The University of Texas--Rio Grande Valley, $60
  million for construction of a health affairs building;
               (8)  The University of Texas at San Antonio, $70
  million for construction of an Innovation, Entrepreneurship, and
  Careers building;
               (9)  The University of Texas at Tyler, $60 million for
  construction of a sciences building;
               (10)  The University of Texas Health Science Center at
  Houston, $80 million for construction of a public health education
  and research building;
               (11)  The University of Texas Health Science Center at
  San Antonio, $80 million for construction of the Glenn Biggs
  Institute for Alzheimer's & Neurodegenerative Diseases Building;
               (12)  The University of Texas Health Science Center at
  Tyler, $69,972,826 for construction of a health professions
  education center;
               (13)  The University of Texas M. D. Anderson Cancer
  Center, $80 million for construction of a life sciences research,
  innovation, and discovery initiative facility;
               (14)  The University of Texas Medical Branch at
  Galveston, $80 million for infrastructure and research space
  upgrades for research buildings; and
               (15)  UT Southwestern Medical Center, $80 million for
  construction of the north campus Phase VI Brain Institute shell
  space.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of The University of Texas
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of The University
  of Texas System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1793.  UNIVERSITY OF HOUSTON SYSTEM; ADDITIONAL
  BONDS. (a)  In addition to the other authority granted by this
  subchapter, the board of regents of the University of Houston
  System may acquire, purchase, construct, improve, renovate,
  enlarge, or equip property and facilities, including roads and
  related infrastructure, for projects to be financed through the
  issuance of bonds in accordance with this subchapter and in
  accordance with a systemwide revenue financing program adopted by
  the board for the following institutions, not to exceed the
  following aggregate principal amounts for the projects specified,
  as follows:
               (1)  the University of Houston System:
                     (A)  $70 million for construction of the Katy
  Academic Building 2; and
                     (B)  $80 million for construction of a medical
  research facility;
               (2)  the University of Houston:
                     (A)  $39,513,206 for construction of the Hobby
  School of Public Affairs Building; and
                     (B)  $70 million for construction of the Sugar
  Land Academic Building 2;
               (3)  the University of Houston--Clear Lake, $60 million
  for renovation of the Bayou Building, the Delta Building, and the
  Student Services and Classroom Building;
               (4)  the University of Houston--Downtown, $60 million
  for renovation of existing buildings and other campus
  infrastructure upgrades and for the construction of the Police
  Department and Criminal Justice Academy Building; and
               (5)  the University of Houston--Victoria, $60 million
  for construction of a health science building and an engineering
  facility.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of the University of Houston
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of the University
  of Houston System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1794.  TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL
  BONDS. (a)  In addition to the other authority granted by this
  subchapter, the board of regents of the Texas State University
  System may acquire, purchase, construct, improve, renovate,
  enlarge, or equip property and facilities, including roads and
  related infrastructure, for projects to be financed through the
  issuance of bonds in accordance with this subchapter and in
  accordance with a systemwide revenue financing program adopted by
  the board for the following institutions, not to exceed the
  following aggregate principal amounts for the projects specified,
  as follows:
               (1)  Texas State University System, $15 million for
  construction of a field research station and dam repair;
               (2)  Lamar State College--Orange, $42 million for the
  replacement of an academic building to house general academic
  instruction and information technology services;
               (3)  Lamar State College--Port Arthur, $50 million for
  construction of an allied health and sciences building;
               (4)  Lamar Institute of Technology, $48 million for
  construction of a facility for workforce and allied health
  programs;
               (5)  Lamar University, $60 million for renovation of a
  library;
               (6)  Sul Ross State University, $35,250,000 for
  renovation of fine arts facilities;
               (7)  Sul Ross State University Rio Grande College,
  $44,235,000 for construction of a multipurpose education and
  services building;
               (8)  Sam Houston State University:
                     (A)  $60 million for construction of an allied
  health building located in Conroe, Texas; and
                     (B)  $60 million for construction of an active
  learning center located in Huntsville, Texas; and
               (9)  Texas State University:
                     (A)  $70 million for construction of a STEM
  classroom building located in San Marcos, Texas; and
                     (B)  $70 million for construction of a health
  professions building located in Round Rock, Texas.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of the Texas State University
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of the Texas State
  University System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1795.  UNIVERSITY OF NORTH TEXAS SYSTEM; ADDITIONAL
  BONDS. (a) In addition to the other authority granted by this
  subchapter, the board of regents of the University of North Texas
  System may acquire, purchase, construct, improve, renovate,
  enlarge, or equip property and facilities, including roads and
  related infrastructure, for projects to be financed through the
  issuance of bonds in accordance with this subchapter and in
  accordance with a systemwide revenue financing program adopted by
  the board for the following institutions, not to exceed the
  following aggregate principal amounts for the projects specified,
  as follows:
               (1)  the University of North Texas: 
                     (A)  $70 million for construction of a science and
  technology research building; and
                     (B)  $70 million for construction of a commerce,
  analytics, technology, and engineering building in Frisco, Texas;
               (2)  the University of North Texas at Dallas, $60
  million for construction of a science building; and
               (3)  the University of North Texas Health Science
  Center at Fort Worth, $80 million for campus space optimization and
  realignment.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of the University of North Texas
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of the University
  of North Texas System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1796.  TEXAS WOMAN'S UNIVERSITY; ADDITIONAL BONDS.
  (a) In addition to the other authority granted by this subchapter,
  the board of regents of Texas Woman's University may acquire,
  purchase, construct, improve, renovate, enlarge, or equip property
  and facilities, including roads and related infrastructure, for a
  health sciences center, to be financed through the issuance of
  bonds in accordance with this subchapter, not to exceed the
  aggregate principal amount of $60 million.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  Texas Woman's University, including student tuition charges. The
  amount of a pledge made under this subsection may not be reduced or
  abrogated while the bonds for which the pledge is made, or bonds
  issued to refund those bonds, are outstanding.
         Sec. 55.1797.  STEPHEN F. AUSTIN STATE UNIVERSITY;
  ADDITIONAL BONDS. (a) In addition to the other authority granted
  by this subchapter, the board of regents of Stephen F. Austin State
  University may acquire, purchase, construct, improve, renovate,
  enlarge, or equip property and facilities, including roads and
  related infrastructure, for  demolition of the Miller Science
  Building, renovation of the Forestry Building, and construction of
  a new addition, to be financed through the issuance of bonds in
  accordance with this subchapter, not to exceed the aggregate
  principal amount of $53 million.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  Stephen F. Austin State University, including student tuition
  charges. The amount of a pledge made under this subsection may not
  be reduced or abrogated while the bonds for which the pledge is
  made, or bonds issued to refund those bonds, are outstanding.
         Sec. 55.1798.  TEXAS TECH UNIVERSITY SYSTEM; ADDITIONAL
  BONDS. (a) In addition to the other authority granted by this
  subchapter, the board of regents of the Texas Tech University
  System may acquire, purchase, construct, improve, renovate,
  enlarge, or equip property and facilities, including roads and
  related infrastructure, for projects to be financed through the
  issuance of bonds in accordance with this subchapter and in
  accordance with a systemwide revenue financing program adopted by
  the board for the following institutions, not to exceed the
  following aggregate principal amounts for the projects specified,
  as follows:
               (1)  Angelo State University, $36 million for a central
  plant maintenance and renovation;
               (2)  Texas Tech University, $70 million for renovations
  to address deferred maintenance for campus buildings;
               (3)  Midwestern State University, $50 million for
  renovations to an existing building and other campus infrastructure
  upgrades;
               (4)  Texas Tech University Health Sciences Center:
                     (A)  $80 million for maintenance and renovation of
  an existing facility; and
                     (B)  $25 million for construction and equipment of
  the physician assistant facility in Midland, Texas; and
               (5)  Texas Tech University Health Sciences Center at El
  Paso, $80 million for construction of a dental school building.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of the Texas Tech University
  System, including student tuition charges. The amount of a pledge
  made under this subsection may not be reduced or abrogated while the
  bonds for which the pledge is made, or bonds issued to refund those
  bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of the Texas Tech
  University System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         Sec. 55.1799.  TEXAS SOUTHERN UNIVERSITY; ADDITIONAL BONDS.
  (a) In addition to the other authority granted by this subchapter,
  the board of regents of Texas Southern University may acquire,
  purchase, construct, improve, renovate, enlarge, or equip property
  and facilities, including roads and related infrastructure, for
  renovations to existing buildings and other campus infrastructure
  upgrades to be financed through the issuance of bonds in accordance
  with this subchapter, not to exceed the aggregate principal amount
  of $60 million.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  Texas Southern University, including student tuition charges. The
  amount of a pledge made under this subsection may not be reduced or
  abrogated while the bonds for which the pledge is made, or bonds
  issued to refund those bonds, are outstanding.
         Sec. 55.17991.  TEXAS STATE TECHNICAL COLLEGE SYSTEM. (a)
  In addition to the other authority granted by this subchapter, the
  board of regents of the Texas State Technical College System may
  acquire, purchase, construct, improve, renovate, enlarge, or equip
  property and facilities, including roads and related
  infrastructure, for projects to be financed through the issuance of
  bonds in accordance with this subchapter for the following entity
  and institutions, not to exceed the following aggregate principal
  amounts for the projects specified, as follows:
               (1)  Texas State Technical College System, $33.3
  million for the East Williamson County Higher Education Center
  expansion;
               (2)  Texas State Technical College--Fort Bend,
  $41,800,000 for Fort Bend County campus expansion;
               (3)  Texas State Technical College--Harlingen,
  $37,800,000 for Harlingen campus expansion;
               (4)  Texas State Technical College--Marshall, $15
  million for Marshall campus expansion;
               (5)  Texas State Technical College--North Texas, $13.5
  million for North Texas campus expansion;
               (6)  Texas State Technical College--West Texas, $13.5
  million for West Texas campus expansion; and
               (7)  Texas State Technical College--Waco, $50 million
  for Waco campus expansion.
         (b)  The board may pledge irrevocably to the payment of bonds
  authorized by this section all or any part of the revenue funds of
  an institution, branch, or entity of the Texas State Technical
  College System, including student tuition charges. The amount of a
  pledge made under this subsection may not be reduced or abrogated
  while the bonds for which the pledge is made, or bonds issued to
  refund those bonds, are outstanding.
         (c)  If sufficient funds are not available to the board to
  meet its obligations under this section, the board may transfer
  funds among institutions, branches, and entities of the Texas State
  Technical College System to ensure the most equitable and efficient
  allocation of available resources for each institution, branch, or
  entity to carry out its duties and purposes.
         SECTION 3.  This Act does not affect any authority or
  restriction regarding the activities that a public institution of
  higher education may conduct in connection with a facility financed
  by bonds authorized by this Act.
         SECTION 4.  This Act takes effect on the 91st day after the
  last day of the legislative session.