Tasks assigned the committee include:
  (1) Study and make recommendations for the appropriate funding levels for each formula;
  (2) Study and make recommendations for modification to the formulas that will increase effectiveness and efficiencies of the programs delivered;
  (3) Identify funding incentives that would support the achievement of the state's goals outlined in the long-term master plan for higher education authorized in the Texas Education Code, §61.051(a-1); and
  (4) Any other charges issued by the Commissioner of Higher Education.

Source Note: The provisions of this §1.176 adopted to be effective December 2, 2013, 38 TexReg 8661; amended to be effective June 6, 2016, 41 TexReg 3996