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Tex. Education Code § 61.9627

DISBURSEMENT AND ACCOUNTING OF APPROPRIATED FUNDS

Texas · Texas Education Code · Status: effective

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Tex. Education Code § 61.9627, DISBURSEMENT AND ACCOUNTING OF APPROPRIATED FUNDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/638046
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(a) The board shall adopt procedures for assuring that money appropriated by the legislature specifically to fund enrollment growth in a professional nursing program is: (1) distributed in a timely manner, including the forfeiture and reallocation of money if an institution fails to provide in a timely manner the information required for the money to be disbursed and if that failure prevents the timely disbursement of money to other institutions; and (2) expended on the professional nursing program by institutions receiving the money. (b) The procedures adopted under Subsection (a) must require each professional nursing program receiving money to file a report annually with the board accounting for all money received.