Texas Education Code

§ 45.001 — BONDS AND BOND TAXES

ED § 45.001Title 2. PUBLIC EDUCATION · Part I. SCHOOL FINANCE AND FISCAL MANAGEMENT · Ch. 45. SCHOOL DISTRICT FUNDS · Art. A. TAX BONDS AND MAINTENANCE TAXES

Statute text

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(a)The governing board of an independent school district, including the city council or commission that has jurisdiction over a municipally controlled independent school district, the governing board of a rural high school district, and the commissioners court of a county, on behalf of each common school district under its jurisdiction, may:

(1)issue bonds for:

(A)the construction, acquisition, and equipment of school buildings in the district;

(B)the acquisition of property or the refinancing of property financed under a contract entered under Subchapter A, Chapter 271, Local Government Code, regardless of whether payment obligations under the contract are due in the current year or a future year;

(C)the purchase of the necessary sites for school buildings;

(D)the purchase of new school buses;

…

Legislative history

Acts 2009, 81st Leg., R.S., Ch. 1240 (S.B. 2274), Sec. 2, eff. June 19, 2009. Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 87(b), eff. June 19, 2009. Acts 2019, 86th Leg., R.S., Ch. 464 (S.B. 11), Sec. 21, eff. June 6, 2019.