The resolution proposes a constitutional amendment to establish the Texas Health Care Workforce Education Fund, aimed at providing dedicated funding to eligible institutions of higher education in Texas. This fund is intended to address the state's health care workforce needs and support the economy. It will consist of money appropriated by the legislature, as well as gifts, grants, donations, and investment earnings. The legislature will oversee the fund's administration and ensure that the money is allocated equitably to state universities based on a formula they will establish.
The proposed amendment will be submitted to voters in an election scheduled for November 4, 2025. If approved, the fund will allow eligible universities to utilize the distributions for educational and general activities that support the health care workforce. The resolution emphasizes the importance of maintaining the purchasing power of the fund's investment assets and outlines criteria for university eligibility to receive funding.