MAP: A bill given initial approval this week by the Texas House would authorize Texas State University to sell up to $63 million in tuition revenue bonds to fund construction of an engineering and sciences building on Comanche Street in San Marcos.
FROM STAFF REPORTS
The campus construction bill tentatively approved Wednesday by the Texas House includes about $256 million for facilities at Texas State University System institutions, more than 44 percent of which would be designated for Texas State in San Marcos and Round Rock:
- $60 million for a science building at Lamar University in Beaumont;
- $10 million for a multipurpose education building at Lamar State College-Orange;
- $8.1 million for an addition to the technology program facilities at Lamar State College-Port Arthur;
- $12 million for construction and renovation of the technical arts buildings at Lamar Institute of Technology in Beaumont;
- $48.6 million for a health professions building at Texas State University in Round Rock;
- $63 million for an engineering and science building at Texas State in San Marcos;
- $48 million for a biology laboratory building at Sam Houston State University in Huntsville; and
- $6.2 million for renovations and modernization of educational facilities and infrastructure at Sul Ross State University in Alpine.
Authored by State Rep. John Zerwas, R-Richmond, the House bill stipulates that “If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions … of the Texas State University System to ensure the most equitable and efficient allocation of available resources.”