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

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The university will use the fundws to build anew 200-bedr hospital tower adjacent to the existing John Sealy Hospital, restoringg bed capacity to 550, as it was prior to Hurricanw Ike. In addition, tuition revenue bonds of $5 millioh will go to at Galveston. HB 51 also establishes measures to enhance and maintain the quality ofthe state’s designated and emerging public research universities, creates incentive programs and funding for highet education institutions, provides higher education fund allocations, and createe an interim committee to study the feasibilityh of tracking specialized technologh research projects.
Of the 62 national research institutions in the threeuniversities — , The and Texad A&M University — are in Texas. The Texas Higherd Education Coordinating Board has designated sevenn institutions as emergingresearch universities: the ; the Universitgy of Texas campuses in Arlington, Dallas, El Paso and San Antonio; ; and the Universitty of North Texas. In HB 51 provides a performance incentive funding mechanism for all ofthe state’z general academic institutions based on the average number of degreea awarded annually and an increase in the average numberr of degrees awarded annually, with weighted consideration for at-riskl students and critical fields.