Perry signs bill that includes $150 million for UTMB - Los Angeles Business from bizjournals:

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The university will use the funds to build anew 200-bed hospitap tower adjacent to the existingb John Sealy Hospital, restoring bed capacit y to 550, as it was priotr to Hurricane Ike. In addition, tuition revenue bonds of $5 millioh will go to at Galveston. HB 51 also establishez measures to enhance and maintain the quality ofthe state’a designated and emerging public research universities, createzs incentive programs and funding for highetr education institutions, provides higher education fund allocations, and creates an interinm committee to study the feasibilitgy of tracking specialized technology research projects.
Of the 62 national researcy institutions inthe nation, three universities — , The and Texas A&M Universith — are in Texas. The Texas Higher Educatio n Coordinating Board has designated seven institutions as emergintgresearch universities: the ; the Universitty of Texas campuses in Dallas, El Paso and San Antonio; ; and the Universityh of North Texas. In addition, HB 51 provideds a performance incentive funding mechanism for all ofthe state’s generalo academic institutions based on the averaged number of degrees awarded annually and an increase in the averagee number of degrees awarded annually, with weighted consideration for at-riski students and critical