BILL ANALYSIS

Senate Research Center	H.B. 4258
86R12334 CAE-F	By: Murphy; Gervin-Hawkins (Campbell)
	Education
	5/14/2019
	Engrossed

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

Concerns have been raised that certain municipal authorities are preventing the growth of charter schools by refusing to approve the notice required before bonds needed to finance an educational facility for a charter school can be issued, even if other applicable municipalities have provided approval. H.B. 4258 seeks to ensure that a single municipality cannot derail the approval of these bonds by providing for approval by the Texas attorney general.

H.B. 4258 amends current law relating to approval by the attorney general of certain bonds financing an educational facility for certain charter schools.

RULEMAKING AUTHORITY

This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.

SECTION BY SECTION ANALYSIS

SECTION 1. Amends Section 53.40, Education Code, by adding Subsection (c) to require the Texas attorney general, after reviewing the record of public notice and hearings relating to any bond financing an educational facility for an authorized charter school, to issue an approval as required by Section 147(f), Internal Revenue Code of 1986.

SECTION 2. Effective date: upon passage or September 1, 2019.