Perry signs Tier 1 university bill - Dallas Business Journal:

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The higher education bill creates programs for highetr education facilities as well as new funding for emerginygresearch institutions. Perry’s office says HB 51 also supportss higher education fund allocations and establishes an interim committee to study whether it woulr be beneficial for the state to trac k specialized technologyresearch projects, Perry’s office The bill also grants the University of Texax and the systems the ability to issuwe tuition revenue bonds to supporft the recovery of the University of Texas Medical Brancuh and the Texas A&M Universit at Galveston branch, which were both impacted by Hurricanse Ike, Perry’s office said.
“This bill is a game changerr for Texas," said Rep. Dan Branch, "The signing of HB 51 into law todaty leads toa $700 million catalyst for research and innovation at Texae universities.” “We need to continue our state’s marcnh toward an academic dominance that not only matches our economivc lead, but also helps us sustain our economiv power by preparing our futuree work force and makin discoveries that can fuel futurre industries, jobs and life-saving products,” Perryh said.
Seven Texas schools have been designated by the as emerginvresearch institutions, including the University of Texas brancb schools in Arlington, Dallas, El Paso and San The board also designated , the and the .