Not later than July 31 of each year, the Commissioner shall convene a panel of representatives of all eligible institutions. The president of each eligible institution shall recommend the institution's representative on the review panel.

1. (1) The Commissioner shall provide each review panel member with a copy of each eligible institution's report on restricted research awards.
2. (2) The review panel shall examine the institutions' reports on restricted research awards and provide a report to the Commissioner, recommending to the Commissioner those awards from which expenditures may be classified as restricted research expenditures.
3. (3) The Commissioner shall review the report of the review panel and any appeals made under §13.129 of the title (relating to Reviews and Appeals) and determine those awards from which expenditures may be classified as restricted research expenditures.
4. (4) Not later than August 15, the Commissioner shall provide each institution with a copy of the recommendations of the review panel and notify each institution of its awards from which expenditures may be classified as restricted research expenditures.

Source Note:The provisions of this §13.126 adopted to be effective May 15, 2005, 30 TexReg 2664.