Enrolled Bill Summary

House Bill 2251	House Author:  Bonnen
Effective:  6-17-11	Senate Sponsor:  Whitmire

            House Bill 2251 amends the Government Code to continue the Texas Public Finance Authority until September 1, 2023, and to add standard across-the-board provisions relating to the development of a written, comprehensive plan that encourages the use of alternative procedures for agency rulemaking and internal and external disputes.

            House Bill 2251 removes Stephen F. Austin State University from those entities on whose behalf the authority has the exclusive authority to act in issuing bonds and authorizes the authority, under an agreement with the Texas State Technical College System or a general academic teaching institution, to act on behalf of that system or such an institution in issuing bonds on the system's or institution's behalf. 

            House Bill 2251 authorizes the distribution of funds to a grant recipient for a multiyear project awarded by the Cancer Prevention and Research Institute of Texas Oversight Committee on the authority's certification that obligations in an amount sufficient to pay the money needed to fund the project have been authorized for issuance by the authority and approved by the Bond Review Board.

House Bill 2251 amends the Health and Safety Code to require the Cancer Prevention and Research Institute of Texas Oversight Committee to specify the total amount of money approved to fund the multiyear project and amends the Education Code to make a conforming change relating to the removal of Stephen F. Austin State University from the authority's exclusive jurisdiction to issue bonds on the university's behalf.