| 1 | 1 | | 89R3496 AMF-D |
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| 2 | 2 | | By: Buckley H.B. No. 2053 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | |
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| 6 | 6 | | |
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| 7 | 7 | | A BILL TO BE ENTITLED |
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| 8 | 8 | | AN ACT |
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| 9 | 9 | | relating to a Texas Education Agency database of school district |
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| 10 | 10 | | bonds, taxes, and bond-related projects. |
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| 11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 12 | 12 | | SECTION 1. Subchapter E, Chapter 45, Education Code, is |
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| 13 | 13 | | amended by adding Section 45.114 to read as follows: |
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| 14 | 14 | | Sec. 45.114. BOND, TAX, AND PROJECT DATABASE. (a) In this |
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| 15 | 15 | | section: |
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| 16 | 16 | | (1) "Bond" means a bond described by Section 45.001. |
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| 17 | 17 | | (2) "Database" means the database established under |
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| 18 | 18 | | this section. |
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| 19 | 19 | | (3) "Maintenance tax" means a tax described by Section |
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| 20 | 20 | | 45.002. |
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| 21 | 21 | | (b) The agency shall develop and maintain a database that |
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| 22 | 22 | | includes current information regarding school district bonds, |
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| 23 | 23 | | taxes, and bond-related projects, including: |
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| 24 | 24 | | (1) for each bond issued or proposed by a school |
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| 25 | 25 | | district: |
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| 26 | 26 | | (A) the language of the ballot proposition under |
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| 27 | 27 | | Section 45.003(b); |
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| 28 | 28 | | (B) the projected interest and sinking fund tax |
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| 29 | 29 | | rate associated with a proposed bond; |
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| 30 | 30 | | (C) the result of an election held for the |
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| 31 | 31 | | purpose of issuing a proposed bond; |
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| 32 | 32 | | (D) a list of the projects to be funded using the |
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| 33 | 33 | | bond; |
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| 34 | 34 | | (E) an accounting of the use of the proceeds of |
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| 35 | 35 | | any issued bond, including descriptions of any projects paid for |
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| 36 | 36 | | with the proceeds; and |
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| 37 | 37 | | (F) any increase in the interest and sinking fund |
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| 38 | 38 | | tax rate resulting from issued bonds; |
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| 39 | 39 | | (2) for maintenance taxes that have been levied or |
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| 40 | 40 | | proposed by a school district: |
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| 41 | 41 | | (A) each school district's proposed or approved |
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| 42 | 42 | | tax rate; and |
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| 43 | 43 | | (B) the language of the ballot proposition under |
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| 44 | 44 | | Section 45.003(d); |
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| 45 | 45 | | (3) the results of any election held under Section |
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| 46 | 46 | | 26.08, Tax Code, including the ad valorem tax rate proposed by the |
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| 47 | 47 | | school district for purposes of the election; |
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| 48 | 48 | | (4) a report generation function to allow the agency |
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| 49 | 49 | | to generate reports of the information described by Subdivisions |
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| 50 | 50 | | (1) and (2) for each school district, disaggregated by geographic |
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| 51 | 51 | | area; and |
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| 52 | 52 | | (5) a function that allows for the proposal of updates |
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| 53 | 53 | | or corrections to the information included in the database. |
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| 54 | 54 | | (c) A school district shall provide the agency with the |
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| 55 | 55 | | information described by Subsections (b)(1) through (3) and any |
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| 56 | 56 | | other information requested by the agency for the purpose of |
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| 57 | 57 | | maintaining the database established under this section. |
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| 58 | 58 | | (d) The agency may contract with a third party as necessary |
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| 59 | 59 | | for the development or maintenance of the database under this |
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| 60 | 60 | | section. |
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| 61 | 61 | | (e) The commissioner may adopt rules as necessary to |
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| 62 | 62 | | implement this section. |
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| 63 | 63 | | SECTION 2. This Act takes effect September 1, 2025. |
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