The proposed joint resolution seeks to amend the Texas Constitution by establishing the Texas Health Care Workforce Education Fund. This fund aims to provide a dedicated and equitable source of funding to eligible institutions of higher education in Texas, specifically to address the state's health care workforce needs and support economic growth. The fund will consist of legislative appropriations, gifts, grants, donations, and investment earnings, and will be managed according to standards similar to those of the permanent university fund.
The resolution outlines the administration and allocation of the fund, stipulating that the legislature will determine the distribution of funds to eligible state universities based on an equitable formula. It also establishes criteria for universities to qualify for funding and specifies that the funds can only be used for activities that support the state's health care workforce needs. The proposed amendment will be presented to voters in an election scheduled for November 4, 2025, allowing them to decide on the establishment of this fund.