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A BILL TO BE ENTITLED
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AN ACT
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relating to eliminating the set-aside of a portion of designated |
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tuition for student financial assistance at public institutions of |
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higher education. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 56, Education Code, is |
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repealed. |
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SECTION 2. Section 56.465(a), Education Code, is amended to |
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read as follows: |
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(a) The governing board of each institution of higher |
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education shall cause to be set aside five percent of the amount of |
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the tuition charged to a resident undergraduate student at the |
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institution under Section 54.0513 in excess of $46 per semester |
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credit hour. [The amount of a student's tuition set aside under
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this subsection is considered a part of the amount required to be
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set aside from that tuition under Section 56.011.] |
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SECTION 3. (a) The repeal of Subchapter B, Chapter 56, |
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Education Code, by this Act applies beginning with tuition charged |
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for the 2015 fall semester. |
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(b) The repeal of Subchapter B, Chapter 56, Education Code, |
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by this Act does not affect the application of that subchapter to |
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tuition set aside for purposes of that subchapter for any semester |
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or other academic term before the 2015 fall semester, and the former |
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law is continued in effect until the tuition set aside before the |
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2015 fall semester has been used as prescribed by that subchapter. |
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SECTION 4. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |