Section 62.1482 - [See Note] Research Performance Funding(a) From 85 percent of the amount allocated for research performance funding under Section 62.148(c)(2) for a state fiscal year, an eligible institution is entitled to a distribution for that fiscal year in an amount proportionate to the average amount of federal and private research funds the institution spends per state fiscal year during the preceding three state fiscal years as compared to the average amount of those funds all eligible institutions spend per state fiscal year during that period. (b) From 15 percent of the amount allocated for research performance funding under Section 62.148(c)(2) for a state fiscal year, an eligible institution is entitled to a distribution for that fiscal year in an amount proportionate to the average number of research doctoral degrees the institution awards per academic year during the preceding three academic years as compared to the average number of those degrees all eligible institutions award per academic year during that period. (c) The coordinating board by rule shall establish a method for determining the amounts to which each eligible institution is entitled under this section. Tex. Educ. Code § 62.1482
Added by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 1004,Sec. 17, eff. if the constitutional amendment proposed by the 88th Legislature, Regular Session, 2023, relating to the Texas University Fund is approved by the voters.