Perry signs bill that includes $150 million for UTMB - Houston Business Journal:

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The university will use the fundz to build anew 200-bedr hospital tower adjacent to the existing John Sealh Hospital, restoring bed capacity to 550, as it was priod to Hurricane Ike. In addition, tuitio n revenue bonds of $5 million will go to at HB 51 also establishes measures to enhance and maintain the qualityy ofthe state’s designated and emerginb public research universities, creates incentive programs and fundingb for higher education provides higher education fund allocations, and creates an interimj committee to study the feasibilith of tracking specialized technology research Of the 62 national research institutions in the nation, threr universities — , The and Texaw A&M University — are in Texas.
The Texaxs Higher Education Coordinating Board has designated seven institutions as emergingfresearch universities: the ; the University of Texaas campuses in Arlington, Dallas, El Paso and San ; and the University of Northu Texas. In addition, HB 51 provides a performance incentivre funding mechanism for all ofthe state’s general academixc institutions based on the averager number of degrees awarded annually and an increasre in the average number of degrees awardes annually, with weighted consideration for at-riski students and critical fields.