reglab/housing_qa huggingface dataset:
TX Educ Code § 49.357 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 49 - Options for Local Revenue Levels in Excess of Entitlement|Subchapter H. Consolidation by Commissioner|Section 49.357. Application of Sparse Adjustment and Small and Transportation Allotments

Sec. 49.357.  APPLICATION OF SPARSE ADJUSTMENT AND SMALL AND TRANSPORTATION ALLOTMENTS.  The budget of the consolidated district must apply the benefit of the adjustment or allotment to the schools of the consolidating district to which Section 48.052, 48.101, or 48.151 would have applied in the event that the consolidated district still qualifies as a small or sparse district.|Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.Transferred, redesignated and amended from Education Code, Subchapter H, Chapter 41 by Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 1.060, eff. September 1, 2019.|
TX Educ Code § 51.001 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.001. Institutions to Which Applicable

Sec. 51.001.  INSTITUTIONS TO WHICH APPLICABLE.  The provisions of this subchapter apply to each institution of higher education, as that term is defined by Section 61.003 of this code, including each public junior college to the extent possible.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1973, 63rd Leg., p. 1656, ch. 601, Sec. 1, eff. June 15, 1973;  Acts 1975, 64th Leg., p. 813, ch. 317, Sec. 2, eff. Sept. 1, 1975;  Acts 1987, 70th Leg., ch. 823, Sec. 3.05, eff. June 20, 1987;  Acts 1987, 70th Leg., ch. 1070, Sec. 2, eff. May 15, 1988.|
TX Educ Code § 51.002 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.002. Funds Subject to Control

Sec. 51.002.  FUNDS SUBJECT TO CONTROL.  (a)  The governing board of each institution listed in Section 51.001 of this code may retain control of the following sums of money collected at the institution, subject to Section 51.008 of this code:(1)  student fees of all kinds;(2)  charges for use of rooms and dormitories;(3)  receipts from meals, cafes, and cafeterias;(4)  fees on deposit refundable to students under certain conditions;(5)  receipts from school athletic activities;(6)  income from student publications and other student activities;(7)  receipts from the sale of publication products and miscellaneous supplies and equipment;(8)  students' voluntary deposits of money for safekeeping;(9)  all other fees and local or institutional funds arising out of and by virtue of the educational activities, research, or demonstrations carried on by the institution;  and(10)  donations and gifts to the institution.(b)  The provisions of this subchapter do not apply to any income derived from the permanent university fund.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1991, 72nd Leg., ch. 481, Sec. 1, eff. June 8, 1991.|
TX Educ Code § 51.003 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.003. Depositories

Sec. 51.003.  DEPOSITORIES.  (a)  The governing board of each institution may select one or more depositories as places of deposit for the funds enumerated in Section 51.002 of this code.  Depositories shall be selected on the basis of competitive bids.  If bids are taken orally, the bids shall be tabulated by the person taking the bids and made a part of the permanent records of the institution.(b)  The funds shall either be deposited in the depository bank or banks or invested as authorized by Chapter 2256, Government Code (Public Funds Investment Act).  Funds that are to be deposited in the depository bank or banks must be deposited within seven days from the date of receipt by the institution.(c)  The governing board shall require adequate surety bonds or securities to be posted to secure the deposits and may require additional security at any time it deems the deposits inadequately secured.  The depository banks selected may pledge their securities to protect the funds.(d)  A depository shall pay interest on the deposits at a rate agreed on by the depository and the governing board.(e)  Any surety bond furnished under the provisions of this section shall be payable to the governor and his successors in office.  Venue for a suit to recover an amount claimed by the state to be due on a surety bond is in Travis County.(f)  Notwithstanding any other provision of this section, the governing board of each institution may maintain unsecured deposits in a foreign bank as necessary to support the institution's academic and research operations in the foreign country in which the bank is located, provided that no appropriated or tuition funds other than those collected from students enrolled in the affected programs are deposited.  The foreign bank must:(1)  be licensed and supervised by a central bank;(2)  be audited annually by an accounting firm that follows international financial reporting standards; and(3)  maintain a capital to total assets ratio that is not less than the greater of four percent or the minimum tier 1 capital to total assets ratio required for depository institutions insured by the Federal Deposit Insurance Corporation.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1987, 70th Leg., ch. 823, Sec. 4.03, eff. June 20, 1987;  Acts 1987, 70th Leg., ch. 889, Sec. 8, eff. Aug. 31, 1987;  Acts 1995, 74th Leg., ch. 402, Sec. 2, eff. Sept. 1, 1995.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 1.01, eff. June 17, 2011.|
TX Educ Code § 51.0031 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.0031. Deposits and Investments

Sec. 51.0031.  DEPOSITS AND INVESTMENTS.  (a)  A governing board may deposit funds under its control as provided in Section 51.003 of this code, may invest funds under its control in accordance with Chapter 2256, Government Code and, with regard to donations, gifts, and trusts, may establish endowment funds that operate as trusts and are managed under prudent person standards.(b)  Funds described in this section may also be invested in cash management and fixed income funds held by organizations exempt from federal taxation under Section 501(f) of the Internal Revenue Code of 1986 (26 U.S.C. Section 501(f)), as that section may be amended.(c)  If a governing board has under its control at least $25 million in book value of endowment funds, such governing board may invest all funds described in this section under prudent person standards.(c-1)  If a governing board does not have under its control at least $25 million in book value of endowment funds, the governing board may contract to pool its funds described in this section with another institution that meets the $25 million in book value of endowment funds threshold established under Subsection (c), and have its funds invested by that governing board under prudent person standards.(d)  As used in this section, "prudent person standard" is the standard of care described in Article VII, Section 11b, of the Texas Constitution, and means that standard of judgment and care that prudent investors, exercising reasonable care, skill, and caution, would acquire or retain in light of the purposes, terms, distribution requirements, and other circumstances of the fund then prevailing, taking into consideration the investment of all the assets of the fund rather than a single investment.|Added by Acts 1987, 70th Leg., ch. 823, Sec. 4.04, eff. June 20, 1987.  Amended by Acts 1993, 73rd Leg., ch. 240, Sec. 4, eff. May 22, 1993;  Acts 1995, 74th Leg., ch. 402, Sec. 3, eff. Sept. 1, 1995;  Acts 2001, 77th Leg., ch. 1158, Sec. 4, eff. June 15, 2001.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 111 (S.B. 1019), Sec. 1, eff. September 1, 2013.|
TX Educ Code § 51.0032 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.0032. Investment Reports and Policies

Sec. 51.0032.  INVESTMENT REPORTS AND POLICIES.  (a)  A governing board shall adopt by rule or resolution a written investment policy for the investment of its institutional funds.(b)  Not less than quarterly, an institution of higher education shall prepare and submit to the governing board of the institution a written report of the institution's institutional funds investment transactions for the preceding reporting period.(c)  In addition to other information that may be required by the governing board, the report must contain:(1)  a summary statement of each pooled fund group that states the beginning market value for the reporting period, additions and changes to the market value during the period, and the ending market value for the period;  and(2)  the book value and market value of each separately invested asset at the beginning and end of the reporting period by type of asset and fund type invested.(d)  In this section:(1)  "Governing board" means a governing board described in Section 51.0031(c).(2)  "Institution of higher education" means an institution of higher education under the governance of a governing board to which this section applies.(3)  "Pooled fund group" means an internally created fund of an institution of higher education in which one or more institutional accounts are invested.(4)  "Separately invested asset" means an account of an institution of higher education that is not invested in a pooled fund group.|Added by Acts 1995, 74th Leg., ch. 402, Sec. 4, eff. Sept. 1, 1995.|
TX Educ Code § 51.004 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.004. Separate Accounts; Trust Funds; Interest

Sec. 51.004.  SEPARATE ACCOUNTS;  TRUST FUNDS;  INTEREST.  (a)  Separate accounts shall be kept on the books of the institution showing the sources of all sums collected and the purposes for which disbursements are made.(b)  All trust funds, including gifts, grants, and bequests received, establishing or adding to endowment funds, loan and scholarship funds, and funds for other current restricted purposes, shall be credited to separate accounts and shall not be commingled with other local or institutional funds.(c)  If the governing board so elects, deposits of all funds not specifically required to be deposited to special accounts may be deposited in a single bank account if the records of the institution clearly reflect the balances attributable to general funds and various categories of trust funds.(d)  Interest received from depository banks for funds on deposit may be credited to an appropriate account in either general funds or trust funds in relation to the sources of temporary investments in time deposits, if the disposition of the earnings was not specified by the grantor.  Interest received from the trust funds time deposits shall be available for loans, scholarships, fellowships, institutional research, faculty aid, and other lawful purposes.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1991, 72nd Leg., ch. 481, Sec. 2, eff. June 8, 1991.|
TX Educ Code § 51.005 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.005. Reports

Sec. 51.005.  REPORTS.  Each institution of higher education shall prepare a complete annual financial report as prescribed by Section 2101.011, Government Code.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1975, 64th Leg., p. 568, ch. 227, Sec. 1, eff. May 20, 1975;  Acts 1977, 65th Leg., p. 1187, ch. 455, Sec. 1, eff. Aug. 29, 1977;  Acts 1979, 66th Leg., p. 1053, ch. 484, Sec. 1, eff. Aug. 27, 1979;  Acts 1987, 70th Leg., ch. 823, Sec. 3.06, eff. June 20, 1987;  Acts 1989, 71st Leg., ch. 584, Sec. 98, eff. Sept. 1, 1989;  Acts 1993, 73rd Leg., ch. 449, Sec. 19, eff. Sept. 1, 1993.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 1.02, eff. June 17, 2011.|
TX Educ Code § 51.0051 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.0051. Annual Operating Budgets

Sec. 51.0051.  ANNUAL OPERATING BUDGETS.  The governing board of each institution shall approve on or before September 1 of each year an itemized budget covering the operation of the institution for the fiscal year beginning on September 1 of each year.  The budget shall be prepared within the limits of legislatively appropriated general revenue and estimated educational and general funds.  The budget shall also include estimated institutional funds.  Copies of each such budget shall be furnished to the Texas Higher Education Coordinating Board for distribution to the Governor's Budget and Planning Office, Legislative Budget Board, and Legislative Reference Library.  Additional copies shall be delivered to the Texas Higher Education Coordinating Board as required.  The governing board of the institution shall retain five copies of the budget for distribution to legislators or other state officials on request.|Added by Acts 1991, 72nd Leg., ch. 481, Sec. 3, eff. June 8, 1991.  Amended by Acts 1995, 74th Leg., ch. 823, Sec. 4, eff. Aug. 28, 1995.|
TX Educ Code § 51.0052 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.0052. Application Requirement for Colonias Projects

Sec. 51.0052.  APPLICATION REQUIREMENT FOR COLONIAS PROJECTS.  (a)  In this section, "colonia" means a geographic area that:(1)  is an economically distressed area as defined by Section 17.921, Water Code;(2)  is located in a county any part of which is within 62 miles of an international border; and(3)  consists of 11 or more dwellings that are located in close proximity to each other in an area that may be described as a community or neighborhood.(b)  Repealed by Acts 2019, 86th Leg., R.S., Ch. 573 (S.B. 241), Sec. 3.01(1), eff. September 1, 2019.(c)  Repealed by Acts 2019, 86th Leg., R.S., Ch. 573 (S.B. 241), Sec. 3.01(1), eff. September 1, 2019.(d)  Regarding any projects funded by an institution of higher education that provide assistance to colonias, the institution of higher education shall require an applicant for the funds to submit to the institution a colonia classification number, if one exists, for each colonia that may be served by the project proposed in the application.  If a colonia does not have a classification number, the institution of higher education may contact the secretary of state or the secretary of state's representative to obtain the classification number.  On request of the institution, the secretary of state or the secretary of state's representative shall assign a classification number to the colonia.|Added by Acts 2007, 80th Leg., R.S., Ch. 341 (S.B. 99), Sec. 10, eff. June 15, 2007.Amended by: Acts 2019, 86th Leg., R.S., Ch. 573 (S.B. 241), Sec. 2.01, eff. September 1, 2019.Acts 2019, 86th Leg., R.S., Ch. 573 (S.B. 241), Sec. 2.02, eff. September 1, 2019.Acts 2019, 86th Leg., R.S., Ch. 573 (S.B. 241), Sec. 3.01(1), eff. September 1, 2019.|
TX Educ Code § 51.006 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.006. Funds Not to Be Used to Increase Salaries

Sec. 51.006.  FUNDS NOT TO BE USED TO INCREASE SALARIES.  No part of any of the funds listed in Section 51.002 of this code shall ever be used to increase any salary beyond the sum fixed by the legislature in the general appropriations act;  provided, however, that the use of such funds by an institution for this purpose may be specifically authorized by the legislature in general law or the general appropriations act.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.  Amended by Acts 1991, 72nd Leg., ch. 481, Sec. 4, eff. June 8, 1991.|
TX Educ Code § 51.0065 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.0065. Applicability of Across-the-Board Salary Increase

Sec. 51.0065.  APPLICABILITY OF ACROSS-THE-BOARD SALARY INCREASE.  An institution of higher education that has adopted a pay-for-performance program that is in effect when an across-the-board salary increase for state employees made by an appropriation act of the legislature takes effect is entitled to receive any appropriation made for purposes of the across-the-board salary increase, and may use the amount appropriated for an across-the-board salary increase or for increases in compensation under the institution's pay-for-performance program.|Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.07, eff. June 20, 2003.|
TX Educ Code § 51.007 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.007. Penalty

Sec. 51.007.  PENALTY.  Any state officer, agent, employee, or member of a governing board of any of the above named institutions, or any other person who violates any provision of this subchapter shall be deemed guilty of a misdemeanor and shall be punished by a fine of not less than $50 nor more than $500, and in addition may be sentenced to not less than 15 days nor more than three months in the county jail.  Failure to print and furnish to the officers above named, the reports above specified, shall subject all of the members of the governing board of the institutions above mentioned to the penalties provided for in this section.  Every day in excess of the number of days hereinabove provided for that any sum of money belonging to any of the funds enumerated in this subchapter, whether depositable in special depositories or whether those that should be deposited in the state treasury, shall be withheld from deposit at its proper place of deposit, shall constitute a separate offense and each day of such withholding shall subject the officer, agent, employee, or person so withholding said sum to the penalties herein provided for.|Acts 1971, 62nd Leg., p. 3072, ch. 1024, art. 1, Sec. 1, eff. Sept. 1, 1971.|
TX Educ Code § 51.009 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.009. Defining and Accounting for Certain Income

Sec. 51.009.  DEFINING AND ACCOUNTING FOR CERTAIN INCOME.  (a)  "Local funds" are the items to be accounted for as "educational and general funds" as described in Subsection (c) of this section, but do not include general revenue funds.  These funds shall be accounted for in a manner recommended by the National Association of College and University Business Officers and approved by the comptroller of public accounts and the Texas Higher Education Coordinating Board.(b)  "Institutional funds" means all funds collected at the institution that are not "educational and general funds" as described in Subsection (c) of this section.  These funds shall be accounted for in a manner recommended by the National Association of College and University Business Officers and approved by the comptroller of public accounts and the Texas Higher Education Coordinating Board.(c)  Each of the following shall be accounted for as educational and general funds:(1)  net tuition, special course fees charged under Sections 54.051(e) and (l), lab fees, student teaching fees, organized activity fees, and proceeds from the sale of educational and general equipment; and(2)  hospital and clinic fees received by a state-owned clinical care facility that is operated using general revenue fund appropriations for patient care.|Added by Acts 1987, 70th Leg., ch. 901, Sec. 36, eff. Aug. 31, 1987.  Amended by Acts 1991, 72nd Leg., ch. 481, Sec. 5, eff. June 8, 1991.Amended by: Acts 2005, 79th Leg., Ch. 1181 (S.B. 1227), Sec. 1, eff. September 1, 2005.Acts 2007, 80th Leg., R.S., Ch. 1324 (S.B. 1446), Sec. 1, eff. June 15, 2007.|
TX Educ Code § 51.010 (2021)
2021 Texas Statutes|Education Code|Title 3 - Higher Education|Subtitle A - Higher Education in General|Chapter 51 - Provisions Generally Applicable to Higher Education|Subchapter A. Control of Funds|Section 51.010. Collection of Delinquent Obligations

Sec. 51.010.  COLLECTION OF DELINQUENT OBLIGATIONS.  If under the rules adopted by the attorney general under Chapter 2107, Government Code, an institution of higher education is not required to refer a delinquent obligation for collection to the attorney general, the institution is not required to expend resources for further collection efforts if, considering the amount, security, likelihood of collection, expense, and available resources, the institution determines that further collection should not be actively pursued.|Added by Acts 2011, 82nd Leg., R.S., Ch. 1049 (S.B. 5), Sec. 1.02, eff. June 17, 2011.|