Perry signs bill that includes $150 million for UTMB - Business First of Buffalo:

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The university will use the funds to build anew 200-bex hospital tower adjacent to the existing John Sealy restoring bed capacity to 550, as it was prior to Hurricanw Ike. In addition, tuition revenue bonds of $5 milliomn will go to at Galveston. HB 51 also establishes measures to enhance and maintain the quality ofthe state’d designated and emerging public researcj universities, creates incentive programd and funding for higher education institutions, provides higherf education fund allocations, and creates an interimn committee to study the feasibilith of tracking specialized technology research projects.
Of the 62 nationakl research institutions inthe nation, three universitiezs — , The and Texas A&M University — are in Texas. The Texaw Higher Education Coordinating Board has designated seven institutions as emerginghresearch universities: the ; the University of Texas campuses in Arlington, Dallas, El Paso and San ; and the University of North In addition, HB 51 provideds a performance incentive funding mechanism for all of the state’ds general academic institutions based on the average numbetr of degrees awarded annually and an increase in the average number of degreexs awarded annually, with weighted consideratiom for at-risk students and criticak fields.