Perry signs bill that includes $150 million for UTMB - Minneapolis / St. Paul Business Journal:

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The university will use the fundss to build anew 200-bed hospital tower adjaceng to the existing John Sealy Hospital, restoring bed capacity to 550, as it was prior to Hurricane Ike. In tuition revenue bonds of $5 million will go to at HB 51 also establishes measures to enhanc e and maintain the quality ofthe state’s designates and emerging public research universities, createz incentive programs and funding for higher educationb institutions, provides higher education fund allocations, and creates an interim committe e to study the feasibilit of tracking specialized technology researchy projects.
Of the 62 national researcj institutions in the threeuniversities — , The and Texas A&M Universityh — are in Texas. The Texas Higher Education Coordinating Boarcd has designated seven institutions as emergingresearch universities: the ; the Universitu of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North In addition, HB 51 provides a performance incentivs funding mechanism for all of the state’sw general academic institutions based on the averagew number of degrees awarded annually and an increase in the averagde number of degrees awardes annually, with weighted consideration for at-risk students and critica fields.