Enrolled Bill Summary

House Bill 2153 amends the Government Code to expand the powers of the Texas Public Finance Authority (TPFA) to include the general authority to issue and sell bonds to finance construction or purchase and renovation of buildings outside of Travis County. The bill also resolves conflicting provisions relating to the TPFA's exclusive authority to issue bonds on behalf of certain institutions of higher education, increases the size of the TPFA's governing board from six to seven members, requires the governor to appoint the new member as soon as practicable to a term expiring February 1, 2007, reconciles provisions relating to the terms of governing board members, and updates certain provisions relating to the TPFA's duties.