Perry signs bill that includes $150 million for UTMB - Silicon Valley / San Jose Business Journal:

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The university will use the funds to buile anew 200-bed hospital tower adjacent to the existing John Sealyt Hospital, restoring bed capacity to 550, as it was priot to Hurricane Ike. In addition, tuition revenue bondzs of $5 million will go to at HB 51 also establishes measures to enhancre and maintain the quality ofthe state’s designated and emergingy public research universities, creates incentive programs and funding for highed education institutions, provides higher education fund allocations, and creates an interim committeer to study the feasibility of tracking specialized technology research projects.
Of the 62 nationalo research institutions in the threeuniversities — , The and Texas A&jM University — are in The Texas Higher Education Coordinating Board has designated sevenn institutions as emerging research universities: the ; the Universitgy of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North In addition, HB 51 providezs a performance incentive funding mechanism for all of the state’s generalp academic institutions based on the average numbefr of degrees awarded annually and an increase in the average number of degrees awarded annually, with weighteds consideration for at-risk students and criticalp fields.