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Texans Approve $850 Million Endowment for Texas State Technical College

The vote triggers a comptroller-managed fund that directs capital dollars to facilities and equipment.

Overview

  • Unofficial returns showed Proposition 1 passing statewide, with formal certification to follow.
  • The amendment establishes the Technical Institution Infrastructure Fund, moving $850 million from general revenue under the comptroller’s control.
  • Investment earnings will flow to the Available Workforce Education Fund, which is restricted to capital needs such as land, buildings and equipment.
  • TSTC estimates the structure could yield about $40 million per year for upgrades, after turning away roughly 500 applicants this fall due to full programs.
  • Supporters cite persistent skills gaps in trades, while critics warn a constitutionally embedded funding channel weakens oversight and transparency.