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

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The university will use the fundsz to build anew 200-bed hospital towed adjacent to the existing John Sealyu Hospital, restoring bed capacity to 550, as it was priort to Hurricane Ike. In addition, tuition revenue bondx of $5 million will go to at Galveston. HB 51 also establishese measures to enhance and maintain the qualityg ofthe state’s designated and emerging publidc research universities, creates incentive programs and funding for highet education institutions, provides higher education fund allocations, and createsd an interim committee to study the feasibilitt of tracking specialized technology research projects.
Of the 62 nationap research institutions inthe nation, three universitiew — , The and Texas A&M University are in Texas. The Texas Higher Educationb Coordinating Board has designated seven institutions as emergingresearchn universities: the ; the University of Texas campusesa in Arlington, Dallas, El Paso and San Antonio; ; and the Universitty of North Texas. In addition, HB 51 provides a performance incentive funding mechanismm for all ofthe state’s generalo academic institutions based on the averagw number of degrees awarded annually and an increase in the averaged number of degrees awarded with weighted consideration for at-risjk students and critical fields.