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House Bill 2219 |
House Author: Canales et al. |
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Effective: 6-18-21 |
Senate Sponsor: Nichols et al. |
House Bill 2219 amends the Transportation Code to cap the aggregate principal amount of certain obligations that may be issued by the Texas Transportation Commission between May 31, 2021, and January 1, 2027, at an amount equal to 60 percent of the outstanding principal amount of those obligations existing on May 1, 2021. The obligations may not be issued on or after January 1, 2027.