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Tuition Revenue Bond Proposal Passes Texas House Committee

Billions of dollars of new buildings for state universities have been endorsed by the House Appropriations Committee.

Representative John Raney of Bryan and 17 other committee members have called on the Governor to add House Bill 5 to the special session agenda.

Between the A&M and U-T systems, the bonds would pay for $1.5 billion dollars of new construction.

For A&M, that includes a $64 million dollar biocontainment research facility and $107.2 million for health science center buildings in Temple, Round Rock, and Dallas.

JohnRaney071113hb5.mp3John Raney visits with WTAW’s Bill Oliver.

Click HERE for the news release from John Raney.

Click HERE for the history of HB 5 from the Texas House website.

Click HERE to read the list of projects from the university systems listed below that would be paid by tuition revenue bonds.

MIDWESTERN STATE UNIVERSITY
STEPHEN F. AUSTIN STATE UNIVERSITY
TEXAS A&M UNIVERSITY SYSTEM
TEXAS SOUTHERN UNIVERSITY
TEXAS STATE TECHNICAL COLLEGE SYSTEM
TEXAS STATE UNIVERSITY SYSTEM
TEXAS TECH UNIVERSITY SYSTEM
TEXAS WOMAN’S UNIVERSITY
UNIVERSITY OF HOUSTON SYSTEM
UNIVERSITY OF NORTH TEXAS SYSTEM
UNIVERSITY OF TEXAS SYSTEM

Short URL: http://wtaw.com/?p=65901

Posted by on Jul 12 2013. Filed under Featured Stories, News.

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