TO: | Honorable Warren Chisum, Chair, House Committee on Appropriations |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SJR65 by Williams (Proposing a constitutional amendment authorizing the issuance of general obligation bonds for maintenance, improvement, repair, and construction projects and for the purchase of needed equipment.), Committee Report 2nd House, As Amended |
The cost to the state for publication of the resolution is $77,468.
The resolution amends the Texas Constitution to provide that the legislature by general law may authorize the Texas Public Finance Authority to provide for, issue, and sell general obligation bonds of the State of Texas in an amount not to exceed $1 billion for maintenance, improvement, repair, construction projects, and for the purchase of equipment.
Source Agencies: |
LBB Staff: | JOB, CT, SD, JW
|