SB 2138
AN ACT relating to prohibiting the investment of the permanent university
Senate Bill • Creighton
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to Senate committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to prohibiting the investment of the permanent university
Subject Areas
Bill Text
relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 51.0031, Education Code, is amended by adding Subsection (e) to read as follows: (e) Chapter 809, Government Code, applies to a governing board as if the governing board were a state governmental entity SECTION 2. Section 62.143, Education Code, is amended by adding Subsection (d) to read as follows: (d) Chapter 809, Government Code, applies to the Texas University Fund as if the fund were a state governmental entity SECTION 3. Subchapter A, Chapter 66, Education Code, is amended by adding Section 66.015 to read as follows: Sec. 66.015. PROHIBITION ON INVESTMENT IN FINANCIAL COMPANIES THAT BOYCOTT CERTAIN ENERGY COMPANIES. Notwithstanding Section 66.01, Chapter 809, Government Code, applies to the permanent university fund as if the fund were a state governmental SECTION 4. This Act takes effect September 1, 2025.
Bill History
filed
Bill filed: AN ACT relating to prohibiting the investment of the permanent university
Related Guides
Learn more about tracking Texas legislation and working with lobbyists.
How to Read & Track Texas Bills
Master bill numbering, understand legislative language, and learn effective tracking strategies.
Understanding Texas Legislative Deadlines
Navigate the 140-day session with critical calendar dates and filing deadlines.
How Laws Get Made in Texas
Follow a bill's journey from filing to the governor's desk through committees and floor votes.
When Should Your Business Hire a Lobbyist?
Discover the signs that your business needs professional advocacy at the Texas Capitol.