SB 1636
AN ACT relating to prohibiting a school district from using interest and
Senate Bill
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to Senate committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to prohibiting a school district from using interest and
Bill Text
relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter E, Chapter 45, Education Code, is amended by adding Section 45.116 to read as follows: Sec. 45.116. PROHIBITION ON USE OF BOND TAXES FOR DEFERRED MAINTENANCE. A school district may not use revenue from the district's interest and sinking tax to pay for deferred SECTION 2. This Act takes effect September 1, 2025.
Bill History
filed
Bill filed: AN ACT relating to prohibiting a school district from using interest and
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