Bill Text: TX HB4258 | 2019-2020 | 86th Legislature | Enrolled


Bill Title: Relating to review and approval by the attorney general of certain bonds financing an educational facility for certain charter schools.

Spectrum: Slight Partisan Bill (Republican 2-1)

Status: (Passed) 2019-06-14 - Effective immediately [HB4258 Detail]

Download: Texas-2019-HB4258-Enrolled.html
 
 
  H.B. No. 4258
 
 
 
 
AN ACT
 
 
  relating to review and approval by the attorney general of certain
  bonds financing an educational facility for certain charter
  schools.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 53.40, Education Code, is amended by
  adding Subsection (c) to read as follows:
         (c)  The attorney general has sole authority to review the
  record of public notice and hearings relating to any bond financing
  an educational facility for an authorized charter school, and the
  attorney general may issue an approval as required by Section
  147(f), Internal Revenue Code of 1986.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2019.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 4258 was passed by the House on May
  10, 2019, by the following vote:  Yeas 88, Nays 43, 2 present, not
  voting; and that the House concurred in Senate amendments to H.B.
  No. 4258 on May 24, 2019, by the following vote:  Yeas 124, Nays 15,
  2 present, not voting.
 
  ______________________________
  Chief Clerk of the House   
 
         I certify that H.B. No. 4258 was passed by the Senate, with
  amendments, on May 22, 2019, by the following vote:  Yeas 21, Nays
  10.
 
  ______________________________
  Secretary of the Senate   
  APPROVED: __________________
                  Date       
   
           __________________
                Governor       
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