(a) This subchapter establishes rules for eligible
institutions to receive funds through the Texas University Fund and
the allocation of funds distributed from the Texas University Fund
each state fiscal year. The Texas University Fund is established to
support general academic teaching institutions to achieve national
prominence as major research universities and drive the state economy.
(b) The Board adopts subchapter B pursuant to Texas
Education Code, §62.152, requiring the Board to adopt rules to
implement Texas Education Code, Chapter 62, subchapter G, Texas University
Fund. Texas Education Code, §62.132, provides that the Board
specify the eligibility threshold of research expenditures for receipt
of the National Research Support Fund.
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