| (a) General academic teaching institutions may become
a TUF-eligible institution in a state fiscal year if, based on most
recently available data, the institution:
(1) Is not entitled to participate in funding through
the Available University Fund;
(2) Expends an average of $20.0 million in combined
Federal Expenditures and Private Expenditures during the prior three
fiscal years, adjusted in accordance with subsection (b);
(3) Awards an average of at least 45 research doctoral
degrees, as determined by §15.26 of this subchapter (relating
to Research Performance Funding), per academic year during the prior
three fiscal years; and
(4) The legislature provides an appropriation to the
Texas University Fund, as defined in §15.27 of this subchapter
(relating to Percentage Share for Legislative Appropriation).
(b) For the purpose of calculating the combined Federal
Expenditures and Private Expenditures threshold amount in subsection
(a)(2), beginning in state fiscal year 2025, and in each subsequent
fiscal year, the Coordinating Board shall adjust the research expenditure
threshold by any increase in the Consumer Price Index for All Urban
Consumers (CPI-U) published by the United States Department of Labor
during the preceding state fiscal year.
(c) The Coordinating Board staff shall annually publish
the threshold of combined Federal Expenditures and Private Expenditures
for TUF eligibility.
(d) Once an institution meets the criteria in subsection
(a), an institution remains eligible to receive a distribution in
each subsequent fiscal year.
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