PROPOSITION 5 (HJR 3)
“The constitutional amendment relating to the Texas University Fund, which provides funding to certain institutions of higher education to achieve national prominence as major research universities & drive the state economy.”
What it means: Texas currently has a fund that awards grants to Texas universities who preform research in specific areas. There has been a long-standing issue among some universities who maintain there are disparities in the way this fund is distributed. To address these long-standing concerns, Proposition 5 would redesignate how those funds are appropriated and distributed. The National Research University Fund would be redesignated as the Texas University Fund. Distribution of funds would be based on performance, would apply only to universities who are designated as major research universities, and who are not already receiving funding from the Public University Fund (PUF). The intent of Proposition 5 is to make these universities more competitive, stronger, and more vital, especially in areas that will be important for regional and state economic development. The initial schools that would benefit are the University of North Texas, Texas Tech University, Texas State University, and the University of Houston.