Bill Text: TX SB1047 | 2011-2012 | 82nd Legislature | Enrolled

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Bill Title: Relating to the eligibility of an innovation and commercialization organization associated with the Lyndon B. Johnson Space Center to receive funding from the Texas emerging technology fund.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2011-06-17 - Effective immediately [SB1047 Detail]

Download: Texas-2011-SB1047-Enrolled.html

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S.B. No. 1047

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