Sec. 62.1335.  ELIGIBILITY TO RECEIVE DISTRIBUTIONS FROM FUND.  (a)  A general academic teaching institution becomes eligible to receive an initial distribution of money appropriated under this subchapter for a state fiscal year if the institution:
(1)  is entitled to participate in the funding provided by Section 18, Article VII, Texas Constitution;
(2)  spent on average at least $20 million in federal and private research funds per state fiscal year during the preceding three state fiscal years; and
(3)  awarded on average at least 45 research doctoral degrees per academic year during the preceding three academic years.
(b)  A general academic teaching institution that becomes eligible to receive a distribution of money under this subchapter remains eligible to receive a distribution in each subsequent state fiscal year.
Added by Acts 2023, 88th Leg., R.S., Ch. 1004 (H.B. 1595), Sec. 8, eff. January 1, 2024.