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Senate Bill 1474 |
Senate Author: Lucio et al. |
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Effective: 9-1-19 |
House Sponsor: Murphy et al. |
Senate Bill 1474 amends the Education Code and Government Code to revise provisions with respect to the regulation of private activity bonds, including provisions regarding certain state ceiling allocations and the percentage of the state ceiling available for certain reservations, reservation limitations for single projects, certain closing and reservation request deadlines, and applicable maximum carryforward designations. Among other provisions, the bill expands the permissible use of alternative education loans.