Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 62.096 - [See Note] Verification(a) For purposes of this subchapter and Subchapter F-1, the coordinating board shall prescribe standards and accounting methods for determining the amount of restricted research funds expended in a state fiscal year: (1) under this subchapter by an eligible institution; or(2) under Subchapter F-1 by an eligible institution, as that term is defined by Section 62.132(2).(b) For purposes of this subchapter and Subchapter F-1, the coordinating board shall convene a committee composed of persons designated by the presidents of eligible institutions to approve the allocations standards and accounting methods established by the coordinating board and to consider appeals authorized by Subsection (e) or Section 62.135(b).(c) Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1155, Sec. 62(9), eff. September 1, 2013.(d) The coordinating board may audit the appropriate records of an eligible institution to verify information for purposes of this subchapter.(e) An eligible institution may appeal the coordinating board's decision regarding the institution's verified information relating to the amounts of restricted research expended to the advisory committee for final determination of eligibility.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 315,Sec. 12, eff. 9/1/2015.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 315,Sec. 11, eff. 9/1/2015.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 1155,Sec. 62, eff. 9/1/2014.Added by Acts 2003, 78th Leg., ch. 322, Sec. 2, eff. 9/1/2005.This section is set out more than once due to postponed, multiple, or conflicting amendments.