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Texas Education Code

§ 62.021 — ALLOCATIONS

ED § 62.021Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 62. CONSTITUTIONAL AND STATUTORY FUNDS TO SUPPORT INSTITUTIONS OF HIGHER EDUCATION · Art. B. AMOUNTS ALLOCATED BY EQUITABLE ALLOCATION FORMULA

Statute text

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(a)In each state fiscal year beginning with the state fiscal year ending August 31, 2026, an eligible institution is entitled to receive an amount allocated in accordance with this section from the funds appropriated for that year by Section 17(a), Article VII, Texas Constitution. The comptroller shall distribute funds allocated under this subsection only on presentation of a claim and issuance of a warrant in accordance with Section 403.071, Government Code. An eligible institution may not present a claim to be paid from any funds allocated under this subsection before the delivery of goods or services described in Section 17, Article VII, Texas Constitution, except for the payment of principal or interest on bonds or notes or for a payment for a book or other published library material as authorized by Section 2155.386, Government Code. The allocation of funds under this subsection is made in accordance with an equitable formula consisting of the following elements: space deficit, facilities condition, institutional complexity, and a separate allocation for the Texas State Technical College System. The annual amounts allocated by the formula are as follows:
(1)to the following component institutions of the University of North Texas System:
(A)$65,142,741 to the University of North Texas and its branch campus the University of North Texas at Frisco, allocated as determined by the board of regents of the system;
(B)$21,716,116 to the University of North Texas Health Science Center at Fort Worth; and
(C)$7,150,950 to the University of North Texas at Dallas;
(2)to the following component institutions of the Texas State University System:

Legislative history

Acts 2005, 79th Leg., Ch. 1306 (H.B. 3001), Sec. 1, eff. September 1, 2005. Acts 2005, 79th Leg., Ch. 1306 (H.B. 3001), Sec. 4, eff. September 1, 2005. Acts 2007, 80th Leg., R.S., Ch. 179 (H.B. 3564), Sec. 11, eff. September 1, 2007. Acts 2009, 81st Leg., R.S., Ch. 287 (H.B. 51), Sec. 10, eff. June 17, 2009. Acts 2013, 83rd Leg., R.S., Ch. 30 (S.B. 974), Sec. 11, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 65 (S.B. 120), Sec. 13, eff. May 18, 2013. Acts 2015, 84th Leg., R.S., Ch. 952 (S.B. 1191), Sec. 1, eff. August 31, 2015. Acts 2019, 86th Leg., R.S., Ch. 970 (S.B. 709), Sec. 1, eff. August 31, 2019. Acts 2019, 86th Leg., R.S., Ch. 970 (S.B. 709), Sec. 2, eff. August 31, 2019. Acts 2021, 87th Leg., R.S., Ch. 145 (S.B. 1126), Sec. 31, eff. May 26, 2021. Acts 2021, 87th Leg., R.S., Ch. 417 (H.B. 1522), Sec. 13, eff. September 1, 2021. Acts 2023, 88th Leg., R.S., Ch. 6 (S.B. 1055), Sec. 5, eff. September 1, 2023. Acts 2025, 89th Leg., R.S., Ch. 197 (S.B. 2361), Sec. 20, eff. September 1, 2025. Acts 2025, 89th Leg., R.S., Ch. 913 (H.B. 42), Sec. 1, eff. September 1, 2025. Acts 2025, 89th Leg., R.S., Ch. 913 (H.B. 42), Sec. 4, eff. September 1, 2025.