Texas Education Code

§ 62.097 — USE OF APPROPRIATED AMOUNTS

ED § 62.097Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 62. CONSTITUTIONAL AND STATUTORY FUNDS TO SUPPORT INSTITUTIONS OF HIGHER EDUCATION · Art. E. TEXAS COMPREHENSIVE RESEARCH FUND

Statute text

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(a)An eligible institution may use money received from the fund only for the support and maintenance of educational and general activities, including research and student services, that promote increased research capacity at the institution.

(b)Money received by an institution from the fund in a fiscal year that is not used by the institution in that fiscal year may be held and used by the institution in subsequent fiscal years. Added by Acts 2003, 78th Leg., ch. 322, Sec. 2, eff. Sept. 1, 2005. Amended by:

Legislative history

Acts 2015, 84th Leg., R.S., Ch. 315 (H.B. 1000), Sec. 13, eff. September 1, 2015.