TX
Texas Senate Bill SB1680

Texas 2021 - 87th Regular

Texas Senate Bill SB1680

Caption

Relating to authorizing the issuance of revenue bonds to fund capital projects at certain public institutions of higher education.

Impact

The measures proposed in SB1680 are expected to have a positive impact on the educational landscape by potentially increasing job opportunities, improving learning environments, and promoting technological advancements within the institutions. By facilitating the construction and enhancement of physical assets, the bill could lead to improved retention and graduation rates. However, the funding for these projects could also raise concerns regarding debt levels for educational institutions and the reliance on student tuition and state revenues to service bond repayments.

Summary

SB1680 aims to authorize the issuance of revenue bonds to fund various capital projects at specific public institutions of higher education in Texas. The bill outlines detailed funding allocations for multiple projects across different universities, including significant amounts earmarked for construction of educational facilities, research centers, and enhanced infrastructure. These projects are primarily aimed at improving educational outcomes and enhancing resources for students as well as faculty members across the involved institutions.

Contention

One notable point of contention surrounding SB1680 centers on the potential financial implications for both the institutions involved and the overall state budget. Critics may argue that while the immediate benefits of enhanced facilities are clear, the long-term debt incurred by issuing bonds could strain future budgets and limit fiscal flexibility. Additionally, there may be debates regarding the prioritization of funding among the various projects proposed, as some institutions might receive significantly more funding than others, leading to possible inequities in state support for higher education.

Companion Bills

TX HB449

Same As Relating to authorizing the issuance of revenue bonds to fund capital projects at certain public institutions of higher education.

Previously Filed As

TX SB847

Relating to authorizing the issuance of revenue bonds for certain capital projects at The University of Texas at El Paso.

TX SB846

Relating to authorizing the insurance of revenue bonds for certain capital projects at Texas Tech University Health Sciences Center at El Paso.

TX HB5012

Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.

TX SJR81

Proposing a constitutional amendment providing for the creation of funds to support the capital needs of educational programs offered by the Texas State Technical College System and certain component institutions of the Texas State University System and repealing the limitation on the allocation to the Texas State Technical College System and its campuses of the annual appropriation of certain constitutionally dedicated funding for public institutions of higher education.

TX SB2070

Relating to the funding of projects by the Public Utility Commission of Texas to promote the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX HB2832

Relating to the funding of multimodal transportation projects; authorizing the issuance of revenue bonds.

TX HJR189

Proposing a constitutional amendment reducing The University of Texas System's share of the income and other benefits of the permanent university fund, transferring to the national research university fund and general revenue fund a portion of the annual distribution made from the permanent university fund to the available university fund, appropriating the portion transferred to the national research university fund, and dedicating the portion transferred to the general revenue fund to provide for the support and maintenance of public institutions of higher education.

TX SB2369

Relating to the reliability and resiliency of the power grid in this state; authorizing the issuance of revenue bonds.

TX HB4563

Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.

TX SB2184

Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.

Similar Bills

TX HB100

Relating to authorizing the issuance of revenue bonds to fund capital projects at public institutions of higher education.

TX SB52

Relating to the issuance of revenue bonds to fund capital projects at public institutions of higher education, the oversight of certain capital projects at those institutions, and the designation of certain appropriated funds allocated to those institutions.

TX SB150

Relating to authorizing the issuance of revenue bonds to fund capital projects at public institutions of higher education.

TX HB1530

Relating to authorizing the issuance of revenue bonds to fund capital projects at public institutions of higher education.

TX HB2000

Relating to authorizing the issuance of revenue bonds to fund capital projects at certain public institutions of higher education.

TX HB449

Relating to authorizing the issuance of revenue bonds to fund capital projects at certain public institutions of higher education.

TX HB812

Relating to authorizing the issuance of revenue bonds to fund capital projects at public institutions of higher education; making an appropriation.

TX HB159

Relating to the issuance of revenue bonds to fund capital projects at public institutions of higher education and the designation of certain appropriated funds allocated to those institutions.