Shortly before former Gov. Rick Perry officially launched his second presidential campaign in Dallas on Thursday morning, his successor ended a long-criticized initiative from Perry’s tenure.
Flanked by the heads of the state’s flagship public universities at the University of Texas at Austin, Gov. Greg Abbott signed Senate Bill 632, which eliminates a controversial startup investment fund long touted by Perry and directs much of its money to a new researcher recruitment effort.
“Texas as a state is going to have the best and brightest campuses in this country,” Abbott said before signing the bill.