SECTION 15.21. Definitions

The following words and terms, when used in this subchapter, shall have the following meanings, unless the context clearly indicates otherwise.

(1) Available University Fund (AUF)--A fund established in Article 7, §18, of the Texas Constitution to receive all interest and earnings of the Permanent University Fund (PUF) and used to pay the debt service on PUF-backed bonds.

(2) Board--The governing body of the Texas Higher Education Coordinating Board.

(3) Commissioner--The Texas Commissioner of Higher Education.

(4) Coordinating Board--The agency known as the Texas Higher Education Coordinating Board, including agency staff.

(5) Coordinating Board Staff or Board Staff--Agency staff acting under the direction of the Board and the Commissioner.

(6) Federal Expenditures--Expenditures of funds reported as Federal Expenditures, as defined in §13.302 of this title (relating to Definitions). Amounts exclude R&D expenditures that do not meet the narrow definition of R&D expenditures used in the Coordinating Board’s Research Expenditure Survey.

(7) General Academic Teaching Institution--Any college, university, or institution so classified in Texas Education Code, §61.003(3).

(8) Medical and Dental Unit--Any public health related institution as defined in Texas Education Code, §61.003(5).

(9) Other Agency of Higher Education--Any agency of higher education as defined in Texas Education Code, §61.003(6).

(10) Private Expenditures--Expenditures of funds reported as Business Expenditures, Non-profit Organization Expenditures, and All Other Expenditures as defined in §13.302 of this title. Amounts exclude R&D expenditures that do not meet the narrow definition of R&D expenditures used in the Coordinating Board’s Research Expenditure Survey.

(11) Research Expenditure Survey--Instrument administered by the Coordinating Board that establishes total R&D expenditures for each institution by research field and areas of special interest, both accounted by funding source, as defined in §13.302 of this title.

(12) Texas University Fund (TUF)-Eligible Institution--An institution listed in Texas Education Code, §62.145(a), or an institution that becomes eligible by meeting the requirements listed in Texas Education Code, §62.145(b).

Source Note: The provisions of this §15.21 adopted to be effective February 15, 2024, 49 TexReg 680