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TX SB1017

Bill

Status

Introduced

1/30/2025

Primary Sponsor

Cesar Blanco

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Authorizes the UT System Board of Regents to issue revenue bonds up to $100 million for construction of a student success building at The University of Texas at El Paso

  • Bonds may finance acquisition, purchase, construction, improvement, renovation, enlargement, or equipping of property and facilities, including roads and related infrastructure

  • Board may irrevocably pledge revenue funds from any UT System institution, branch, or entity—including student tuition charges—to secure bond payments

  • If sufficient funds are unavailable, the board may transfer funds among UT System institutions to meet bond obligations

  • Takes effect September 1, 2025

Legislative Description

Relating to authorizing the issuance of revenue bonds for certain capital projects at The University of Texas at El Paso.

Education

Last Action

Referred to Education K-16

2/24/2025

Committee Referrals

Education K-162/24/2025

Full Bill Text

No bill text available