Bill Text: TX HJR169 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Proposing a constitutional amendment providing for the creation of funds to support the capital needs of educational programs offered by certain component institutions of the Texas State University System.
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2025-03-26 - Referred to Higher Education [HJR169 Detail]
Download: Texas-2025-HJR169-Introduced.html
| 89R11645 KJE-D | ||
| By: Manuel | H.J.R. No. 169 | |
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| proposing a constitutional amendment providing for the creation of | ||
| funds to support the capital needs of educational programs offered | ||
| by certain component institutions of the Texas State University | ||
| System. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Article VII, Texas Constitution, is amended by | ||
| adding Section 21 to read as follows: | ||
| Sec. 21. (a) In this section: | ||
| (1) "Available fund" means the available instruction | ||
| in manufacturing and technical workforce operations fund. | ||
| (2) "Permanent fund" means the permanent instruction | ||
| in manufacturing and technical workforce operations fund. | ||
| (b) The permanent instruction in manufacturing and | ||
| technical workforce operations fund and the available instruction | ||
| in manufacturing and technical workforce operations fund are | ||
| established as special funds in the state treasury outside the | ||
| general revenue fund to be administered as provided by this section | ||
| without further appropriation for the purpose of providing a | ||
| dedicated source of funding for capital projects and equipment | ||
| purchases related to educational programs offered by the component | ||
| institutions of the Texas State University System described by | ||
| Subsection (k) of this section. | ||
| (c) The permanent fund consists of: | ||
| (1) money appropriated, credited, transferred, or | ||
| deposited to the credit of the fund by this section or as authorized | ||
| by other law; | ||
| (2) any interest or other earnings attributable to the | ||
| investment of money in the fund; and | ||
| (3) gifts, grants, and donations made to the fund. | ||
| (d) The available fund consists of: | ||
| (1) money distributed to the fund from the permanent | ||
| fund as provided by this section; | ||
| (2) money appropriated, credited, transferred, or | ||
| deposited to the credit of the fund by this section or as authorized | ||
| by other law; | ||
| (3) any interest or other earnings attributable to the | ||
| investment of money in the fund; and | ||
| (4) gifts, grants, and donations made to the fund. | ||
| (e) The comptroller of public accounts or the board of | ||
| regents of the Texas State University System may establish accounts | ||
| in the available fund as necessary to administer the fund or pay for | ||
| projects authorized under this section. | ||
| (f) The comptroller of public accounts shall hold, manage, | ||
| and invest the permanent fund. In managing the assets of the fund, | ||
| the comptroller may acquire, exchange, sell, supervise, manage, or | ||
| retain any kind of investment that a prudent investor, exercising | ||
| reasonable care, skill, and caution, would acquire or retain in | ||
| light of the purposes, terms, distribution needs, and other | ||
| circumstances of the fund, taking into consideration the investment | ||
| of all the assets of the fund rather than a single investment. The | ||
| expenses of managing the investments of the fund shall be paid from | ||
| the fund. | ||
| (g) Money may not be appropriated or transferred from the | ||
| permanent fund or the available fund except as provided by this | ||
| section. | ||
| (h) The comptroller of public accounts shall determine the | ||
| amount available for distribution from the permanent fund to the | ||
| available fund for each fiscal year. The amount available for | ||
| distribution: | ||
| (1) must be determined in a manner intended to: | ||
| (A) provide the available fund with a stable and | ||
| predictable stream of annual distributions; and | ||
| (B) preserve over a rolling 10-year period the | ||
| purchasing power of the permanent fund; and | ||
| (2) may not exceed 5.5 percent of the fair market value | ||
| of the investment assets of the permanent fund, as determined by the | ||
| comptroller. | ||
| (i) For each state fiscal year, on request of the board of | ||
| regents of the Texas State University System, the comptroller of | ||
| public accounts shall distribute an amount that does not exceed the | ||
| amount determined under Subsection (h) of this section from the | ||
| permanent fund to the available fund for purposes of this section. | ||
| (j) The amount distributed from the permanent fund to the | ||
| available fund under Subsection (i) of this section is | ||
| appropriated, subject to Subsection (k) of this section, to the | ||
| board of regents of the Texas State University System for: | ||
| (1) acquiring land, either with or without permanent | ||
| improvements; | ||
| (2) constructing and equipping buildings or other | ||
| permanent improvements; | ||
| (3) major repair and rehabilitation of buildings and | ||
| other permanent improvements; | ||
| (4) acquiring capital equipment, including | ||
| instructional equipment, virtual reality or augmented reality | ||
| equipment, heavy industrial equipment, and vehicles; | ||
| (5) acquiring library books and materials, including | ||
| digital or electronic library books and materials; | ||
| (6) payment of the principal and interest due on the | ||
| bonds and notes issued by the respective board of regents to finance | ||
| permanent improvements as authorized by other law; and | ||
| (7) any other purpose authorized by general law. | ||
| (k) The board of regents of the Texas State University | ||
| System may use money appropriated under Subsection (j) of this | ||
| section only for the benefit of: | ||
| (1) the Lamar Institute of Technology; | ||
| (2) Lamar State College--Orange; | ||
| (3) Lamar State College--Port Arthur; or | ||
| (4) pursuant to a majority vote of the legislature, an | ||
| institution of higher education created as a part of or added to the | ||
| system on or after January 1, 2026. | ||
| (l) Notwithstanding any other provision of this section, | ||
| money appropriated from the available fund under this section may | ||
| not be used for the purpose of constructing, equipping, repairing, | ||
| or rehabilitating buildings or other permanent improvements that | ||
| are to be used for intercollegiate athletics or auxiliary | ||
| enterprises. | ||
| (m) An institution, other than a component institution of | ||
| the Texas State University System described by Subsection (k) of | ||
| this section, that is entitled to participate in dedicated funding | ||
| provided by Section 17 or 18 of this article may not be entitled to | ||
| participate in the funding provided by this section. | ||
| (n) This section does not impair any obligation created by | ||
| the issuance of bonds or notes in accordance with prior law, | ||
| including bonds or notes issued under Section 17 of this article, | ||
| and all outstanding bonds and notes shall be paid in full, both | ||
| principal and interest, in accordance with their terms. If this | ||
| section conflicts with any other provision of this constitution, | ||
| this section prevails. | ||
| (o) Money appropriated under Subsection (j) of this section | ||
| that is not spent during the state fiscal year for which the | ||
| appropriation is made is retained by the Texas State University | ||
| System and may be spent in a subsequent state fiscal year for a | ||
| purpose for which the appropriation was made. | ||
| (o-1) On January 1, 2026, the amount of $750,000 is | ||
| appropriated from the general revenue fund to the comptroller of | ||
| public accounts for the purpose of immediate deposit to the credit | ||
| of the permanent fund. This subsection expires December 31, 2026. | ||
| (p) For purposes of Section 22, Article VIII, of this | ||
| constitution: | ||
| (1) money in the permanent fund and the available fund | ||
| is dedicated by this constitution; and | ||
| (2) an appropriation of state tax revenues for the | ||
| purpose of depositing money to the credit of the permanent fund or | ||
| the available fund is treated as if it were an appropriation of | ||
| revenues dedicated by this constitution. | ||
| (q) If a board of regents of a higher education system, | ||
| higher education system, institution of higher education, or state | ||
| office referenced in this section is merged with another entity or | ||
| dissolved or otherwise eliminated by law, the rights, privileges, | ||
| benefits, entitlements, funding, duties, and obligations assigned | ||
| to that board of regents, system, institution, or state office by | ||
| this section pass to its successor in function. | ||
| SECTION 2. Section 17(j), Article VII, Texas Constitution, | ||
| is amended to read as follows: | ||
| (j) The state systems and institutions of higher education | ||
| designated in this section may not receive any additional funds | ||
| from the general revenue of the state, other than money | ||
| appropriated under Section 21 of this article, for acquiring land | ||
| with or without permanent improvements, for constructing or | ||
| equipping buildings or other permanent improvements, or for major | ||
| repair and rehabilitation of buildings or other permanent | ||
| improvements except that: | ||
| (1) in the case of fire or natural disaster the | ||
| legislature may appropriate from the general revenue an amount | ||
| sufficient to replace the uninsured loss of any building or other | ||
| permanent improvement; and | ||
| (2) the legislature, by two-thirds vote of each house, | ||
| may, in cases of demonstrated need, which need must be clearly | ||
| expressed in the body of the act, appropriate additional general | ||
| revenue funds for acquiring land with or without permanent | ||
| improvements, for constructing or equipping buildings or other | ||
| permanent improvements, or for major repair and rehabilitation of | ||
| buildings or other permanent improvements. | ||
| This subsection does not apply to legislative appropriations | ||
| made prior to the adoption of this amendment. | ||
| SECTION 3. Section 18(c), Article VII, Texas Constitution, | ||
| is amended to read as follows: | ||
| (c) Pursuant to a two-thirds vote of the membership of each | ||
| house of the legislature, institutions of higher education may be | ||
| created at a later date as a part of The University of Texas System | ||
| or The Texas A&M University System by general law, and, when | ||
| created, such an institution shall be entitled to participate in | ||
| the funding provided by this section for the system in which it is | ||
| created. An institution that is entitled to participate in | ||
| dedicated funding provided by [ |
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| this article [ |
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| the funding provided by this section. | ||
| SECTION 4. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 4, 2025. | ||
| The ballot shall be printed to permit voting for or against the | ||
| proposition: "The constitutional amendment providing for the | ||
| creation of the permanent instruction in manufacturing and | ||
| technical workforce operations fund and the available instruction | ||
| in manufacturing and technical workforce operations fund to support | ||
| the capital needs of educational programs offered by certain | ||
| component institutions of the Texas State University System." | ||
