SECTION 1.164. Authority and Specific Purposes of the General Academic Institutions, Technical Colleges, and State Colleges Formula Advisory Committee

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(a) Authority. Statutory authority for this subchapter is provided in the Texas Education Code, §61.059(b) and (b-1).
(b) Purposes. The General Academic Institutions, Technical Colleges, and State Colleges Formula Advisory Committee is created to provide the Board with advice and recommendation(s) regarding a set of formulas that provide appropriate funding levels and financial incentives necessary to best achieve the goals of the state's higher education plan. The committee also performs other duties related to formula funding that the Board finds to be appropriate.

Source Note: The provisions of this §1.164 adopted to be effective December 2, 2013, 38 TexReg 8659; amended to be effective June 6, 2016, 41 TexReg 3996; amended to be effective February 15, 2024, 49 TexReg 662

                    
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