Sec. 61.9627. DISBURSEMENT AND ACCOUNTING OF APPROPRIATED FUNDS. (a) The board shall adopt procedures for assuring that money appropriated by the legislature specifically to fund enrollment growth in a professional nursing program is:
(1) distributed in a timely manner, including the forfeiture and reallocation of money if an institution fails to provide in a timely manner the information required for the money to be disbursed and if that failure prevents the timely disbursement of money to other institutions; and
(2) expended on the professional nursing program by institutions receiving the money.
(b) The procedures adopted under Subsection (a) must require each professional nursing program receiving money to file a report annually with the board accounting for all money received.
Added by Acts 2003, 78th Leg., ch. 728, Sec. 1, eff. June 20, 2003.
Structure Texas Statutes
Subtitle B - State Coordination of Higher Education
Chapter 61 - Texas Higher Education Coordinating Board
Subchapter Z. Professional Nursing Shortage Reduction Program
Section 61.96231. Nursing Faculty Enhancement Grants
Section 61.96232. Grants to Increase Number of Graduates: Application Process
Section 61.96233. New Professional Nursing Programs
Section 61.9624. Administration
Section 61.9625. Grants, Gifts, and Donations
Section 61.9626. Annual Report
Section 61.9627. Disbursement and Accounting of Appropriated Funds
Section 61.9628. Administrative Costs
Section 61.9629. Continued Eligibility of Programs to Receive Grants