Sec. 54.5372.  AQUATICS CENTER FEE;  THE UNIVERSITY OF TEXAS AT AUSTIN.  (a)  The board of regents of The University of Texas System may charge each student enrolled at The University of Texas at Austin a fee not to exceed 85 cents per credit hour per semester.  The fee may be used for financing, constructing, renovating, operating, maintaining, and improving an aquatics center at the Gregory Gymnasium complex.
(b)  The board of regents shall prorate the fee allowed under this section based on the length of the semester or term for which the student is enrolled.
(c)  The university shall collect the fee imposed under this section and use it only for the purposes described in this section.
(d)  A fee under this section may not be collected until the semester in which the aquatics center has been substantially completed and is made available for use.
(e)  The board of regents may pledge fees collected under this section for the payment of obligations issued for authorized purposes pursuant to the revenue financing system of The University of Texas System.
(f)  The fees collected under this section shall not be counted in determining the maximum student services fee which may be charged to students of The University of Texas at Austin under this subchapter.
Added by Acts 1999, 76th Leg., ch. 1307, Sec. 1, eff. June 18, 1999.