Tuition Revenue Bonds To Be Pitched to State Lawmakers Again

AUSTIN, Texas (AP) _ Several Texas universities are seeking money from the Legislature to build and update facilities on their campuses.

Among the colleges hoping to receive funding for bonds from state lawmakers are Texas State University, the University of Texas and Texas A&M University. The Austin American-Statesman (http://bit.ly/10VHiyH) reports those three schools are collectively seeking hundreds of millions of dollars for their construction projects.

But it’s unclear whether state legislators will be in the mood to distribute funds when the legislative session starts next year. During last year’s session, a package of about $2.7 billion in bonds failed because lawmakers couldn’t agree on how much should be allocated to various universities.

Texas Gov. Rick Perry also declined adding such bonds to the legislative agenda in the next three special sessions.

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