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Relating to the allocation and use of the annual constitutional appropriation to certain agencies and institutions of higher education.
No significant fiscal implication to the State is anticipated.
SB 709 would reallocate funding for several public universities across the state and would allow for continued appropriation for every following fiscal year. Per the Texas Constitution, the legislature is required to review the allocation formula for the distribution of funds to eligible institutions every fifth year of each 10-year allocation cycle. This reallocation is a product of that review based on Texas Higher Education Coordinating Board recommendations.
Texas Action remains neutral on SB 709 because it does not affect our liberty principles.