Texas Tech will postpone the pursuit of a School of Veterinary Medicine for two years.

Tim Lancaster of Abilene, Vice Chairman of the Texas Tech University System Board of Regents, made a motion which was ultimately approved by the other regents.

The text of the motion said:

I move that the board adopt the following resolution: because of limited budget funds available to the State of Texas for the next biennium — for the two fiscal years ending August 31, 2018 and August 31, 2019 — and because of the need to emphasize other funding priorities for the Texas Tech University System 

It shall be the policy of the board of regents of the Texas Tech University System that the system shall not further pursue funding by the 85th Legislature of a School of Veterinary Medicine.

The proposed location for a veterinarian school is Amarillo. 

By some accounts the estimated startup cost would be $100 million. 

Earlier this year, Governor Greg Abbott ordered a statewide hiring freeze through August which does impact some but not all job openings at Texas Tech.  The purpose of the hiring freeze was to save the state an estimated $200 million.