Texas Education Code

§ 61.9965 — RURAL VETERINARIAN INCENTIVE PROGRAM ACCOUNT

ED § 61.9965Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 61. TEXAS HIGHER EDUCATION COORDINATING BOARD · Art. OO. RURAL VETERINARIAN INCENTIVE PROGRAM ACCOUNT

Statute text

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(a)The Texas Higher Education Coordinating Board shall administer the rural veterinarian incentive program account in accordance with Subchapter G, Chapter 56, to provide assistance in the repayment of student loans for eligible veterinarians who apply and qualify for the assistance under the rules of the Texas Animal Health Commission rural veterinarian incentive program committee.

(b)The rural veterinarian incentive program account is an account in the general revenue fund. The account is composed of:

(1)gifts, grants, in-kind contributions, or real or personal property contributed to the account from any individual, group, association, or corporation or the United States, subject to limitations or conditions set by law, for the purposes of this subchapter;

(2)earnings on the principal of the account; and

(3)other amounts deposited to the credit of the account, including:

(A)money deposited from a community or political subdivision that qualifies under the rules authorized by Section 56.105 to become a sponsor of an eligible participant under the program; and

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Legislative history

Added by Acts 1999, 76th Leg., ch. 435, Sec. 1, eff. Aug. 30, 1999. Transferred, redesignated and amended from Education Code, Section 88.627 by Acts 2021, 87th Leg., R.S., Ch. 459 (H.B. 1259), Sec. 4, eff. September 1, 2021.