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  89R19685 TYPED     By: Hagenbuch S.B. No. 2848       A BILL TO BE ENTITLED   AN ACT   relating to performance-based funding goals for general academic   teaching institutions.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 61.059, Education Code, is amended by   adding a subsection (t) to read as follows:           (t)     In addition to other funding authorized by this section,   beginning in the 2026-27 biennium, the legislature shall   appropriate funding to general academic teaching institutions   using an allocation methodology that includes outcome measures to   incentivize students' timely graduation.   The total amount of   performance-based funding authorized by this subsection shall   constitute not less than 15 percent of the sum of the total amount   of performance-based funding distributed to all eligible   institutions and the total amount of other formula funding   authorized by this section.          SECTION 2.  This Act takes effect September 1, 2025.