Establishes the Texas Advanced Research Institute to promote advanced research in energy, medicine, and biotechnology.

The Texas Advanced Research Institute is established to promote advanced research efforts in energy, medicine, and biotechnology. The institute aims to attract, create, or expand research capabilities of public or private institutions of higher education and other entities. It also seeks to ensure that the state invests and receives a return on investment in advanced research and development. The institute will serve as an intermediary between institutions of higher education, the private sector, and other stakeholders to develop the workforce and equip it with skills for future jobs.

Establishes the Texas Advanced Research Institute to promote advanced research in energy, medicine, and biotechnology.

The Texas Advanced Research Institute is established to promote advanced research efforts in energy, medicine, and biotechnology. The institute aims to attract, create, or expand research capabilities of public or private institutions of higher education and other entities. It also seeks to ensure that the state invests and receives a return on investment in advanced research and development. The institute will serve as an intermediary between institutions of higher education, the private sector, and other stakeholders to develop the workforce and equip it with skills for future jobs.