By: Seliger, et al. S.B. No. 499
(Smithee)
A BILL TO BE ENTITLED
AN ACT
relating to the requirement that certain participating
institutions under the student loan program administered by the
Texas Higher Education Coordinating Board provide loan debt
information to students.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 52.335, Education Code, is amended by
adding Subsection (b-1) to read as follows:
(b-1) Nothing in this section may be construed to require a
participating higher educational institution to provide in the
disclosure required under this section information regarding loans
issued by a private entity.
SECTION 2. This Act takes effect September 1, 2019.