Bill Text: TX HB2713 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to making auxiliary and institutional funds of a state institution of higher education subject to legislative appropriation.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2013-03-18 - Referred to Appropriations [HB2713 Detail]
Download: Texas-2013-HB2713-Introduced.html
| 83R5289 KEL-D | ||
| By: Eiland | H.B. No. 2713 | |
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| relating to making auxiliary and institutional funds of a state | ||
| institution of higher education subject to legislative | ||
| appropriation. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. The heading to Section 51.002, Education Code, | ||
| is amended to read as follows: | ||
| Sec. 51.002. TREATMENT OF INSTITUTIONAL FUNDS [ |
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| SECTION 2. Section 51.002, Education Code, is amended by | ||
| amending Subsection (a) and adding Subsections (a-1) and (a-2) to | ||
| read as follows: | ||
| (a) The [ |
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| sums of money collected at an [ |
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| are institutional funds for purposes of this subchapter [ |
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| (1) student fees of all kinds; | ||
| (2) charges for use of rooms and dormitories; | ||
| (3) receipts from meals, cafes, and cafeterias; | ||
| (4) fees on deposit refundable to students under | ||
| certain conditions; | ||
| (5) receipts from school athletic activities; | ||
| (6) income from student publications and other student | ||
| activities; | ||
| (7) receipts from the sale of publication products and | ||
| miscellaneous supplies and equipment; | ||
| (8) [ |
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| arising out of and by virtue of the educational activities, | ||
| research, or demonstrations carried on by the institution; and | ||
| (9) [ |
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| (a-1) Institutional funds of an institution of higher | ||
| education other than a public junior college are subject to Section | ||
| 51.008. Sections 51.003, 51.004, and 51.005 do not apply to those | ||
| funds. | ||
| (a-2) The governing board of a junior college district may | ||
| retain control of institutional funds collected at the public | ||
| junior college. | ||
| SECTION 3. Section 51.008(b), Education Code, is amended to | ||
| read as follows: | ||
| (b) The governing board of every state institution of higher | ||
| education shall deposit in the state treasury all cash receipts | ||
| accruing to any college or university under its control that may be | ||
| derived from all sources, including institutional funds and other | ||
| receipts from [ |
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| services, agency, designated, and restricted funds, endowment and | ||
| other gift funds, student loan funds, and funds retained under | ||
| Chapter 145 [ |
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| distributed to the institution under Section 17 or 18, Article VII, | ||
| Texas Constitution [ |
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| deposited by each such institution to a separate fund account for | ||
| the institution depositing the receipts, but [ |
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| required to keep separate accounts of types of funds deposited by | ||
| each institution. For the purpose of facilitating the transferring | ||
| of such institutional receipts to the state treasury, each | ||
| institution shall open in a local depository bank a clearing | ||
| account to which it shall deposit daily all such receipts, and | ||
| shall, not less often than every seven days, make remittances | ||
| therefrom to the comptroller of all except $500 of the total balance | ||
| in said clearing account, such remittances to be in the form of | ||
| checks drawn on the clearing account by the duly authorized | ||
| officers of the institution, and no disbursements other than | ||
| remittances to the state treasury shall be made from such clearing | ||
| account. All money so deposited in the state treasury shall be paid | ||
| out on warrants drawn by the comptroller as provided by law. | ||
| SECTION 4. The change in law made by this Act applies to | ||
| revenues of an institution of higher education collected or | ||
| received on or after the effective date of this Act. | ||
| SECTION 5. This Act takes effect September 1, 2013. | ||
