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AN ACT
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relating to the eligibility of an innovation and commercialization |
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organization associated with the Lyndon B. Johnson Space Center to |
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receive funding from the Texas emerging technology fund. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 490.001, Government Code, is amended by |
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adding Subdivision (5) to read as follows: |
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(5) "Research institution" means: |
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(A) a public institution of higher education; or |
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(B) an innovation and commercialization |
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organization associated with the Lyndon B. Johnson Space Center of |
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the National Aeronautics and Space Administration. |
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SECTION 2. Subsection (a), Section 490.151, Government |
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Code, is amended to read as follows: |
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(a) Amounts allocated from the fund for use as provided by |
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this subchapter shall be reserved for incentives for private or |
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nonprofit entities to collaborate with research institutions in |
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this state [public] or private institutions of higher education in |
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this state on emerging technology projects with a demonstrable |
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economic benefit to this state. |
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SECTION 3. Section 490.251, Government Code, is amended to |
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read as follows: |
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Sec. 490.251. USE OF MONEY FOR ACQUISITION OF RESEARCH |
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SUPERIORITY. Amounts allocated from the fund for use as provided by |
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this subchapter shall be used to acquire new or enhance existing |
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research superiority at research [public] institutions [of higher
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education] in this state. |
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SECTION 4. Section 490.252, Government Code, is amended to |
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read as follows: |
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Sec. 490.252. RESEARCH SUPERIORITY. For purposes of this |
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subchapter, the employment by a research [an] institution [of
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higher education] of one or more world-class or nationally |
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recognized researchers and associated assistants in an industry |
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eligible to receive funding under Section 490.003 is considered |
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"research superiority." |
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SECTION 5. Subsection (a), Section 490.253, Government |
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Code, is amended to read as follows: |
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(a) The committee shall review and consider proposals by |
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research [public] institutions [of higher education] for: |
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(1) creating new research superiority; |
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(2) attracting existing research superiority from |
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institutions not located in this state and other research entities; |
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or |
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(3) enhancing existing research superiority by |
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attracting from outside this state additional researchers and |
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resources. |
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SECTION 6. Subsection (a), Section 490.256, Government |
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Code, is amended to read as follows: |
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(a) A research [An] institution [of higher education] may |
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not knowingly attempt to attract an individual key researcher or |
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research superiority identified for consideration for funding by |
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another research institution in this state or a [public or] private |
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institution of higher education in this state under this |
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subchapter. |
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SECTION 7. Subsection (a), Section 490.257, Government |
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Code, is amended to read as follows: |
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(a) A research [public] institution [of higher education] |
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must document specific benefits that this state may expect to gain |
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as a result of attracting the research superiority before the |
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institution may enter into a contract to receive funding or |
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incentives under this subchapter. |
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SECTION 8. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2011. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I hereby certify that S.B. No. 1047 passed the Senate on |
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April 7, 2011, by the following vote: Yeas 28, Nays 3. |
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______________________________ |
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Secretary of the Senate |
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I hereby certify that S.B. No. 1047 passed the House on |
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May 20, 2011, by the following vote: Yeas 145, Nays 4, one |
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present not voting. |
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______________________________ |
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Chief Clerk of the House |
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Approved: |
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______________________________ |
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Date |
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______________________________ |
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Governor |