86R12334 CAE-F
 
  By: Murphy, Gervin-Hawkins H.B. No. 4258
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to approval by the attorney general of certain bonds
  financing an educational facility for certain charter schools.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 53.40, Education Code, is amended by
  adding Subsection (c) to read as follows:
         (c)  After reviewing the record of public notice and hearings
  relating to any bond financing an educational facility for an
  authorized charter school, the attorney general shall issue an
  approval as required by Section 147(f), Internal Revenue Code of
  1986.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2019.