BILL ANALYSIS

 

 

Senate Research Center

C.S.S.B. 1182

86R29365 CAE-F

By: Campbell

 

Education

 

4/27/2019

 

Committee Report (Substituted)

 

 

 

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

 

Currently, federal law dictates that the highest elected official in a jurisdiction must confirm that a charter school issuing a tax-exempt bond has completed the federal process of doing so. Currently, city council or a county judge approves the process, and Texas law is silent on the matter. C.S.S.B. 1182 amends Section 53.40, Education Code to grant the Office of the Attorney General the authority to sign off on tax-free bond proposals issued by open-enrollment charter schools.

 

C.S.S.B. 1182 amends current law relating to review and 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 provide that the Texas attorney general (attorney general) has sole authority to review the record of public notice and hearings relating to any bond financing an educational facility for an authorized charter school, and to authorize the attorney general 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.