By: Campbell S.B. No. 1182

(In the Senate - Filed February 26, 2019; March 7, 2019, read first time and referred to Committee on Education; April 30, 2019, reported adversely, with favorable Committee Substitute by the following vote: Yeas 8, Nays 1, 1 present not voting; April 30, 2019, sent to printer.) Click here to see the committee vote

COMMITTEE SUBSTITUTE FOR S.B. No. 1182 By: Campbell

A BILL TO BE ENTITLED

AN ACT

relating to review and 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) The 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 the attorney general may 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.

* * * * *