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TX SB1096
Bill
Status
2/4/2025
Primary Sponsor
Cesar Blanco
Click for details
AI Summary
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Authorizes the Texas Tech University System Board of Regents to issue revenue bonds up to $162,000,000 for construction and equipment of an oral health care center at Texas Tech University Health Sciences Center at El Paso
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Permits the board to acquire, purchase, construct, improve, renovate, enlarge, or equip property and facilities, including roads and related infrastructure, for the project
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Allows the board to irrevocably pledge revenue funds from any Texas Tech University System institution, branch, or entity, including student tuition charges, to secure bond payments
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Authorizes the board to transfer funds among Texas Tech University System institutions if insufficient funds are available to meet bond obligations
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Takes effect September 1, 2025
Legislative Description
Relating to authorizing the issuance of revenue bonds for certain capital projects at Texas Tech University Health Sciences Center at El Paso.
Education
Last Action
Referred to Education K-16
2/24/2025