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Amend CSSB 286 (house committee report) by adding the
following appropriately numbered SECTION to the bill and by
renumbering existing SECTIONS of the bill accordingly:
SECTION _____. Subchapter C, Chapter 61, Education Code, is
amended by adding Section 61.0816 to read as follows:
Sec. 61.0816. INFORMATION REGARDING HIGHER EDUCATION
AUTHORITIES. (a) The board shall collect and make available to the
public on request information regarding higher education
authorities operating under Chapter 53 and nonprofit corporations
carrying out the functions of higher education authorities under
Chapter 53. For each authority or corporation, the information
must include:
(1) total amount and type of outstanding bonds issued
by the authority or corporation;
(2) a description of the programs and activities
administered by the authority or corporation; and
(3) with respect to any real property owned by the
authority or corporation:
(A) the location and description of the property;
(B) the current or proposed use of the property,
including whether the property is under construction or renovation;
(C) the method by which the authority or
corporation financed the acquisition, construction, or renovation
of the property;
(D) the school, public or private institution of
higher education, or other educational institution for which the
property is being used or proposed to be used;
(E) whether the property is exempt from ad
valorem taxes; and
(F) the appraised value of the property.
(b) A higher education authority or nonprofit corporation
described by this section shall provide the board the relevant
information the board requests at the time and in the manner the
board prescribes.