3 | 2 | | |
---|
4 | 3 | | |
---|
5 | 4 | | A BILL TO BE ENTITLED |
---|
6 | 5 | | AN ACT |
---|
7 | 6 | | relating to review and approval by the attorney general of certain |
---|
8 | 7 | | bonds financing an educational facility for certain charter |
---|
9 | 8 | | schools. |
---|
10 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
---|
11 | 10 | | SECTION 1. Section 53.40, Education Code, is amended by |
---|
12 | 11 | | adding Subsection (c) to read as follows: |
---|
13 | 12 | | (c) The attorney general has sole authority to review the |
---|
14 | 13 | | record of public notice and hearings relating to any bond financing |
---|
15 | 14 | | an educational facility for an authorized charter school, and the |
---|
16 | 15 | | attorney general may issue an approval as required by Section |
---|
17 | 16 | | 147(f), Internal Revenue Code of 1986. |
---|
18 | 17 | | SECTION 2. This Act takes effect immediately if it receives |
---|
19 | 18 | | a vote of two-thirds of all the members elected to each house, as |
---|
20 | 19 | | provided by Section 39, Article III, Texas Constitution. If this |
---|
21 | 20 | | Act does not receive the vote necessary for immediate effect, this |
---|
22 | 21 | | Act takes effect September 1, 2019. |
---|