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By: Murphy, Gervin-Hawkins |
H.B. No. 4258 |
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(Senate Sponsor - Campbell) |
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(In the Senate - Received from the House May 13, 2019; |
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May 14, 2019, read first time and referred to Committee on |
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Education; May 17, 2019, reported adversely, with favorable |
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Committee Substitute by the following vote: Yeas 10, Nays 0, |
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1 present not voting; May 17, 2019, sent to printer.) |
Click here to see the committee vote |
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COMMITTEE SUBSTITUTE FOR H.B. No. 4258 |
By: Watson |
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A BILL TO BE ENTITLED
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AN ACT
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relating to review and approval by the attorney general of certain |
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bonds financing an educational facility for certain charter |
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schools. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 53.40, Education Code, is amended by |
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adding Subsection (c) to read as follows: |
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(c) The attorney general has sole authority to review the |
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record of public notice and hearings relating to any bond financing |
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an educational facility for an authorized charter school, and the |
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attorney general may issue an approval as required by Section |
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147(f), Internal Revenue Code of 1986. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2019. |
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