|
House Bill 3147 |
House Author: Turner et al. |
|
Effective: 6-18-05 |
Senate Sponsor: Van de Putte |
House Bill 3147 adds temporary provisions to the Government Code, expiring September 2, 2008, and relating to certain state agency space occupied under one of seven lease with an option to purchase agreements entered into by the state before December 1994. The provisions authorize the Texas Building and Procurement Commission, if it is advantageous to the State of Texas, to request the Texas Public Finance Authority to issue revenue obligations to finance the purchase of any or all of the space or to seek a more favorable lease with an option to purchase agreement.