HB4763 - Relating to reports by certain public institutions of higher education on fraud, waste, and abuse involving state resources.

  89R16557 CXP-D     By: Olcott, Wilson H.B. No. 4763       A BILL TO BE ENTITLED   AN ACT   relating to reports by certain public institutions of higher   education on fraud, waste, and abuse involving state resources.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter Z, Chapter 51, Education Code, is   amended by adding Section 51.9762 to read as follows:           Sec.   51.9762.     FRAUD, WASTE, AND ABUSE REPORTING. (a) In   this section, "institution of higher education" has the meaning   assigned by Section 61.003.           (b)     An institution of higher education that maintains a   system for reporting suspected fraud, waste, and abuse involving   state resources at the institution shall submit each report   received under the system to the state auditor's office not later   than the second business day after the date the institution   receives the report.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution. If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2025.