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

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The university will use the funde to build anew 200-bed hospital towef adjacent to the existing John Sealy restoring bed capacity to 550, as it was priofr to Hurricane Ike. In tuition revenue bonds of $5 million will go to at HB 51 also establishes measurezs to enhance and maintain the qualitu ofthe state’s designated and emerging publicv research universities, creates incentive programs and funding for highefr education institutions, provides higher education fund and creates an interim committee to study the feasibilithy of tracking specialized technology researcgh projects.
Of the 62 national researcyh institutions inthe nation, three universitiex — , The and Texas A&M University — are in The Texas Higher Education Coordinating Board has designatex seven institutions as emerging research universities: the ; the Universitt of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North Texas. In HB 51 provides a performance incentive funding mechanism for all ofthe state’ss general academic institutions based on the average number of degreexs awarded annually and an increase in the averagr number of degrees awarded with weighted consideration for at-risk studentes and critical fields.