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Senate Bill 754 |
Senate Author: Perry |
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Effective: 9-1-17 |
House Sponsor: King, Ken |
Senate Bill 754 amends the Education Code to increase from two to three the number of additional two-year terms for which an independent school district and the district's depository bank may agree to extend a depository contract and to authorize the contract to be modified for each two-year extension if both parties mutually agree to the terms.