Texas House Bill HB2805

Texas 2009 - 81st Regular

• Out of House Committee: 4/29/09
• Voted on by House: 5/6/09
• Out of Senate Committee: 5/20/09
• Voted on by Senate: 5/25/09
• Governor Action: 6/19/09
• Enrolled: 5/31/09
• Passed: 6/19/09

Caption

Relating to the administration, powers, duties, operation, and financing of the East Williamson County Multi-Institution Teaching Center.

Impact

The implications of HB2805 are significant as it establishes a structured framework for funding educational facilities through mutual agreements between participating institutions and political entities. By enabling these organizations to collectively undertake financial commitments, the bill aspires to facilitate the development and improvement of educational infrastructure, thereby directly influencing local educational opportunities and resources available to students in East Williamson County.

Summary

House Bill 2805 focuses on the administration, powers, duties, operation, and financing of the East Williamson County Multi-Institution Teaching Center. This bill aims to enhance the capabilities of institutions of higher education within the region by allowing for collaborative financing initiatives. Specifically, it permits these institutions, along with political subdivisions and other entities, to issue bonds or obligations for acquiring, constructing, or improving facilities used by the center.

Contention

While the bill presents several benefits regarding educational financial administration, some concerns may arise surrounding the accountability of the funds and the long-term implications of issuing bonds. Critics might argue that reliance on bonds for funding could lead to increased debt for the institution or the local government. Additionally, stakeholders might raise questions about how decisions are made regarding the financing and management of the center, particularly concerning the equitable distribution of resources among participating institutions.