Texas Education Code

§ 61.9627 — DISBURSEMENT AND ACCOUNTING OF APPROPRIATED FUNDS

ED § 61.9627Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 61. TEXAS HIGHER EDUCATION COORDINATING BOARD · Art. Z. PROFESSIONAL NURSING SHORTAGE REDUCTION PROGRAM

Statute text

View on source

(a)The board shall adopt procedures for assuring that money appropriated by the legislature specifically to fund enrollment growth in a professional nursing program is:

(1)distributed in a timely manner, including the forfeiture and reallocation of money if an institution fails to provide in a timely manner the information required for the money to be disbursed and if that failure prevents the timely disbursement of money to other institutions; and

(2)expended on the professional nursing program by institutions receiving the money.

(b)The procedures adopted under Subsection (a) must require each professional nursing program receiving money to file a report annually with the board accounting for all money received.

Legislative history

Added by Acts 2003, 78th Leg., ch. 728, Sec. 1, eff. June 20, 2003.