By: Bivins S.B. No. 1343 A BILL TO BE ENTITLED AN ACT 1-1 relating to the issuance of bonds to finance or refinance certain 1-2 facilities used by an open-enrollment charter school. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 53.02, Education Code, is amended by 1-5 adding Subdivision (13) to read as follows: 1-6 (13) "Authorized charter school" means an 1-7 open-enrollment charter school that holds a charter granted under 1-8 Subchapter D, Chapter 12. 1-9 SECTION 2. Section 53.48, Education Code, is amended to read 1-10 as follows: 1-11 Sec. 53.48. BONDS FOR ACCREDITED PRIMARY OR SECONDARY 1-12 SCHOOLS. In the same manner that a corporation may issue bonds 1-13 under this chapter for an institution of higher education, a 1-14 corporation created under Section 53.35(b) may issue bonds to 1-15 finance or refinance educational facilities or housing facilities 1-16 to be used by an accredited primary or secondary school or by an 1-17 authorized charter school. 1-18 SECTION 3. The importance of this legislation and the 1-19 crowded condition of the calendars in both houses create an 1-20 emergency and an imperative public necessity that the 1-21 constitutional rule requiring bills to be read on three several 1-22 days in each house be suspended, and this rule is hereby suspended, 1-23 and that this Act take effect and be in force from and after its 1-24 passage, and it is so enacted.