Texas Education Code - EDUC § 51.751. Creation and Operation

(a) The Educational Economic Policy Center is created as a consortium of universities.  Each public senior college or university in the state shall participate in the Educational Economic Policy Center at the request of the governor.  The center shall represent business, finance, public policy, education, and other appropriate disciplines.

(b) The center shall examine the efficiency of the public school system and the effectiveness of instructional methods and curricular programs and promote the use of successful methods and programs.  The center shall monitor and evaluate the implementation of the accountability system under Chapters 39 and 39A.

(c) The center may be funded by donations, grants, and legislative appropriations.  The office of the governor may receive grants and donations for the purposes of this subchapter.

(d) The center may assist the legislature with education policy studies related to the purposes of the center on approval of the governor, lieutenant governor, and speaker.  The center may participate in collaborative studies with foundations or organizations within or outside the state.