SECTION 15.24. Allocation of Distributions  


Latest version.
  • In a state fiscal year, the allocation of funds distributed from the Texas University Fund shall be as follows:

    (1) Seventy-five (75) percent to the Permanent Endowment for Education and Research Base Funding; and

    (2) Twenty-five (25) percent to Research Performance Funding.

Source Note: The provisions of this §15.24 adopted to be effective February 15, 2024, 49 TexReg 680