Section 61.9627 - Disbursement and Accounting of Appropriated Funds(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.Tex. Educ. Code § 61.9627
Added by Acts 2003, 78th Leg., ch. 728, Sec. 1, eff. 6/20/2003.