Enrolled Bill Summary

House Bill 3064 amends the Government Code to require the Texas Public Finance Authority to issue general obligation bonds in an amount not to exceed $850 million for construction and repair projects administered by or on behalf of certain state agencies and the purchase of needed equipment by or on behalf of such agencies in accordance with legislative appropriations. This bond authority is contingent on voter approval of the constitutional amendment proposed by the 77th Legislature authorizing the bond issue, and House Bill 3064 takes effect on the date on which the constitutional amendment is approved and takes effect. If the amendment is not approved, House Bill 3064 has no effect.