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

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The university will use the funds to buildc anew 200-bed hospital tower adjacenrt to the existing John Sealy Hospital, restoring bed capacity to 550, as it was priotr to Hurricane Ike. In addition, tuition revenud bonds of $5 million will go to at HB 51 also establishes measures to enhancre and maintain the quality ofthe state’s designater and emerging public research universities, creates incentive programs and funding for higher education provides higher education fund allocations, and creates an interim committe to study the feasibility of trackiny specialized technology research Of the 62 national research institution s in the nation, three universities — , The and Texasx A&M University — are in Texas.
The Texas Highef Education Coordinating Board has designated seven institutionws as emergingresearch universities: the ; the University of Texazs campuses in Arlington, Dallas, El Paso and San ; and the University of North Texas. In HB 51 provides a performance incentive fundinbg mechanism for all ofthe state’s genera l academic institutions based on the averagew number of degrees awarded annually and an increasd in the average number of degrees awarded annually, with weightec consideration for at-risk students and critical fields.