Tex. Gov't Code § 1401.061 · Subchapter D. REVENUE BONDS AND PROCEEDS
REVENUE BONDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The authority may:
(1) issue revenue bonds; and
(2) distribute the bond proceeds to any appropriate agency to:
(A) acquire, construct, or equip a new facility; or
(B) make a major repair of or renovate a:
(i) facility;
(ii) corrections institution, including a facility authorized by Section 495.001(a) or 495.021(a);
(iii) criminal justice facility for the Texas Department of Criminal Justice;
(iv) youth corrections institution; or
(v) mental health institution or intellectual disability institution.
(b) The bond proceeds may be used to refinance an existing obligation for a purpose described by Subsection (a).
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 30 (H.B. 446), Sec. 5.23, eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1401.htm
- Text hash
- sha256 ac69d583459fd311904902a77021932aba52813db4f38bdd63a6f97a513c4626
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 2 provisions
Provisions in this library whose text cites Tex. Gov't Code § 1401.061. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.