Bill Text: TX SB1365 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Relating to the distribution of money appropriated from the national research university fund.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-04-27 - No action taken in committee [SB1365 Detail]
Download: Texas-2011-SB1365-Introduced.html
82R6544 KEL-F | ||
By: Ellis | S.B. No. 1365 |
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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. |