Bill Text: TX HB2115 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to the distribution of money appropriated from the national research university fund.
Sponsorship: Slight Partisan Bill (Republican 22-9)
Status: (Introduced - Dead) 2011-03-23 - Left pending in committee [HB2115 Detail]
Download: Texas-2011-HB2115-Introduced.html
| 82R6544 KEL-F | ||
| By: Coleman | H.B. No. 2115 | |
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| relating to the distribution of money appropriated from the | ||
| national research university fund. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 62.146, Education Code, is amended to | ||
| read as follows: | ||
| Sec. 62.146. ACCOUNTING STANDARDS; VERIFICATION OF | ||
| INFORMATION. (a) The coordinating board by rule shall prescribe | ||
| standard methods of accounting and standard methods of reporting | ||
| information for the purpose of determining: | ||
| (1) the eligibility of institutions under Section | ||
| 62.145; and | ||
| (2) the amount of restricted research funds expended | ||
| by an eligible institution in a state fiscal year. | ||
| (b) As soon as practicable in each even-numbered year, based | ||
| on information submitted by the institutions to the coordinating | ||
| board as required by the coordinating board, the coordinating board | ||
| shall certify to the legislature verified information relating to | ||
| the criteria established by Section 62.145 to be used to determine | ||
| which institutions are [ |
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| money from the fund. | ||
| (c) As soon as practicable after January 1 of each year, the | ||
| coordinating board shall provide the comptroller with verified | ||
| information relating to the amounts of restricted research funds | ||
| expended by eligible institutions as necessary to determine the | ||
| distributions of money from the fund under Section 62.148 for that | ||
| fiscal year. | ||
| (d) Information submitted to the coordinating board by | ||
| institutions for purposes of this subchapter and the coordinating | ||
| board's certification or verification of that information under | ||
| this section [ |
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| in accordance with Chapter 321, Government Code. | ||
| SECTION 2. Section 62.148, Education Code, is amended to | ||
| read as follows: | ||
| Sec. 62.148. DISTRIBUTION [ |
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| FUNDS TO ELIGIBLE INSTITUTIONS. (a) In each state fiscal year, the | ||
| comptroller shall distribute to eligible institutions the total | ||
| amount of money appropriated from the fund for that fiscal year, | ||
| except as provided by Subsection (d). | ||
| (b) Subject to Subsection (c), the total amount of money | ||
| appropriated from the fund for a state fiscal year shall be | ||
| distributed among the eligible institutions in proportion to the | ||
| average amount of restricted research funds expended by each | ||
| institution each year for the three preceding state fiscal years. | ||
| (c) If in calculating distributions for a state fiscal year | ||
| under Subsection (b) the comptroller determines that one or more | ||
| eligible institutions will not receive a distribution of at least | ||
| $2.5 million for that fiscal year and if sufficient funds are | ||
| available for the purpose, the comptroller shall distribute the | ||
| appropriated money as follows: | ||
| (1) $2.5 million to each eligible institution, | ||
| regardless of the amount the institution would otherwise have | ||
| received under Subsection (b); and | ||
| (2) any remaining amount to the eligible institutions | ||
| that would have received a distribution under Subsection (b) of at | ||
| least $2.5 million for that fiscal year, in proportion to the | ||
| average amount of restricted research funds used to calculate | ||
| distributions to the institutions under Subsection (b). | ||
| (d) If in any state fiscal year the comptroller makes the | ||
| determination described by Subsection (c) but sufficient funds are | ||
| not available to make the full amount of each distribution required | ||
| by Subsection (c)(1), the comptroller shall retain within the fund | ||
| all amounts appropriated from the fund for that fiscal year. | ||
| Eligible institutions may not receive a distribution of money for | ||
| that state fiscal year, and the appropriation lapses at the end of | ||
| that fiscal year. | ||
| (e) For purposes of Subsection (b), the amount of restricted | ||
| research funds expended by an institution in a state fiscal year is | ||
| the amount of those funds as reported to the coordinating board by | ||
| the institution for that fiscal year, subject to any adjustment by | ||
| the coordinating board in accordance with the standard accounting | ||
| methods the coordinating board prescribes under Section 62.146(a) | ||
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| SECTION 3. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2011. | ||
