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Tex. Educ. Code § 62.097

USE OF APPROPRIATED AMOUNTS

Known as the The Excellence in Higher Education Act

The act spans §§ 62–62 (54 sections).

Added by Acts 2003, 78th Leg., ch. 322, Sec. 2, eff

(a) An eligible institution may use money received from the fund only for the support and maintenance of educational and general activities, including research and student services, that promote increased research capacity at the institution.

(b) Money received by an institution from the fund in a fiscal year that is not used by the institution in that fiscal year may be held and used by the institution in subsequent fiscal years.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.