On Friday afternoon, funds for the proposed Texas Tech School of Veterinary Medicine in Amarillo were approved in the amount of over $17 million.

This funding was approved as part of House Bill 1, the state's budget bill for the next 2 years.

According to KAMC News, the previous funding commitment by the Senate had only been $4 million.

House and Senate leaders have yet to finalize budget negotiations, so the amount of money is still subject to change.

This development is being described by supporters as a huge victory for the Texas Tech University System.