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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. |