Determination and Report of Amount of Distributions

Sec. 62.151. DETERMINATION AND REPORT OF AMOUNT OF DISTRIBUTIONS. For each state fiscal biennium, the Legislative Budget Board, in consultation with the coordinating board, shall: (1) determine the amount of each distribution from the fund to which each eligible institution is entitled as provided by this subchapter; and (2) report the determinations made under Subdivision (1) to the legislature and the comptroller. Added by Acts 2023, 88th Leg., R.S., Ch. 1004 (H.B. 1595), Sec. 19, eff. January 1, 2024.