By: Bonnen H.B. No. 4050
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to compliance with minimum safety standards as a condition
  for the issuance of tax-supported bonds by school districts.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter A, Chapter 45, Education Code, is
  amended by adding Section 45.0012 to read as follows:
         Sec. 45.0012.  SAFETY STANDARDS AS CONDITION FOR ISSUANCE OF
  TAX-SUPPORTED BONDS.
         (a)  Before issuing bonds described by Section 45.001, a
  school district must demonstrate to the agency, including the
  provisions of written assurances, that the district has satisfied
  at least one of the following conditions:
               (1)  School buildings and other district facilities
  comply with minimum safety standards as determined by commissioner
  rule; or
               (2)  Proceeds from the bonds to be sold will be used to
  achieve compliance with the minimum safety standards determined by
  commissioner rule.
         (b)  A school district is required to comply with an
  assurance provided to the agency under Subsection (a)(2).
         SECTION 2.  This Act takes effect September 1, 2023.