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Senate bill could create new research fund for Texas universities

Major state university systems outside of UT and Texas A&M would get millions in new research dollars off of the dividends paid by a new university investment fund contemplated by the Senate Finance Committee on April 3. In 1876, the Legislature granted 2.1 million square miles in West Texas to the state's two flagship institutions, the University of Texas at Austin and Texas A&M University. ....

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