TITLE: Relating to funding the TEXAS grant program at public institutions of higher education.

SUMMARY: Relating to funding the TEXAS grant program at public institutions of higher education.

FULL TEXT:
AN ACT relating to funding the TEXAS grant program at public institutions of higher education. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 56.310, Education Code, is amended by adding Subsection (d) to read as follows: (d) An eligible institution may solicit and accept gifts, grants, and donations from any public or private source for the purpose of awarding a TEXAS grant under this subchapter to a person enrolled in the institution. The institution may develop and implement an appropriate process for the naming and sponsoring of an individual grant awarded under this subchapter to a person enrolled in the institution or any gift, grant, or donation received by the institution under this subsection. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution.