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Texas Education Code

§ 63.003 — ALLOCATION OF DISTRIBUTION

ED § 63.003Title 3. HIGHER EDUCATION · Part B. STATE COORDINATION OF HIGHER EDUCATION · Ch. 63. PERMANENT FUNDS FOR HEALTH-RELATED INSTITUTIONS OF HIGHER EDUCATION · Art. A. PERMANENT HEALTH FUND FOR HIGHER EDUCATION

Statute text

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(a)The legislature shall appropriate the amount available for distribution from the fund to the health-related institutions of higher education listed in Section 63.002(c). The amount appropriated shall be distributed as follows:
(1)70 percent shall be distributed in equal amounts to each institution; and
(2)the remaining amount shall be distributed in equal amounts for each of the following categories, with each institution receiving a share in each category proportionate to the amount that the institution spent in that category in the preceding fiscal biennium as determined by the institution's annual financial report, compared to the total spending of every institution listed in Section 63.002(c) in that category in the preceding biennium:
(A)instructional expenditures;
(B)research expenditures; and
(C)unsponsored charity care.

Legislative history

Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 9.01(b)(9), eff. September 1, 2013.