Texas House Bill HB4172

Texas 2009 - 81st Regular

Caption

Relating to authorizing the issuance of revenue bonds for Texas A & M University System Health Science Center for the Health Professions Education Center in Round Rock.

Impact

If passed, this bill will impact the financing mechanisms available for educational institutions in Texas, particularly those related to health professions. By providing the authority to issue revenue bonds, the bill promotes capital improvements and infrastructure development that are essential for advancing educational capacities in higher education institutions. It will facilitate modernized facilities that can accommodate the training of future healthcare professionals.

Summary

House Bill 4172 aims to authorize the Texas A&M University System to issue revenue bonds for financing the Health Professions Education Center in Round Rock. The bill permits the board of regents to acquire, construct, renovate, and equip facilities necessary for the College of Medicine. This act will allow for the issuance of bonds up to an aggregate amount of $60 million, which can be backed by revenue sources such as student tuition charges.

Contention

Although specific voting history and opposition discussions were not detailed in the provided texts, legislation regarding state funding and revenue bonds often faces scrutiny. Potential points of contention could include concerns over the reliance on student tuition as a revenue source for bond repayments, as well as broader implications for state budgets and priorities in educational funding. Stakeholders may debate the long-term financial sustainability of such bonds and their impacts on students and the institutions involved.