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AN ACT
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relating to the removal of indirect cost recovery fees from the list |
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of items that must be accounted for as educational and general funds |
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by institutions of higher education. |
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�������BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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�������SECTION�1.��Subsection (c), Section 51.009, Education Code, |
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is amended to read as follows: |
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�������(c)��Each of the following shall be accounted for as |
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educational and general funds: |
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�������������(1)��net tuition, special course fees charged under |
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Sections 54.051(e) and (l), lab fees, student teaching fees, |
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organized activity fees, and proceeds from the sale of educational |
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and general equipment[, and indirect cost recovery fees]; and |
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�������������(2)��hospital and clinic fees received by a state-owned |
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clinical care facility that is operated using general revenue fund |
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appropriations for patient care. |
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�������SECTION�2.��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, 2007. |
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______________________________ |
______________________________ |
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���President of the Senate |
Speaker of the House����� |
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�������I hereby certify that S.B.�No.�1446 passed the Senate on |
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April�26,�2007, by the following vote:��Yeas�31, Nays�0. |
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______________________________ |
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Secretary of the Senate���� |
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�������I hereby certify that S.B.�No.�1446 passed the House on |
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May�23,�2007, by the following vote:��Yeas�144, Nays�0, two |
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present not voting. |
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______________________________ |
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Chief Clerk of the House��� |
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Approved: |
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______________________________� |
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������������Date |
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______________________________� |
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����������Governor |