Tex. Health & Safety Code § 286.129 · Subchapter F. DISTRICT FINANCES
SPENDING AND INVESTMENT LIMITATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Sections 286.078(a), 286.141, 286.144, and 286.145, and Chapter 315, the district may not incur a debt payable from revenues of the district other than the revenues on hand or to be on hand in the current and immediately following fiscal year of the district.
(b) The board may invest operating, depreciation, or building reserves only in investments authorized under Chapter 2256, Government Code.
Notes and commentary — not statutory text
History
Added by Acts 1991, 72nd Leg., ch. 14, Sec. 121, eff. Sept. 1, 1991. Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 8.101, eff. Sept. 1, 2001.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 848 (H.B. 3191), Sec. 14, 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/HS/htm/HS.286.htm
- Text hash
- sha256 33d266ce31b15b25969f8b3ad8d15039e9630db9acce6e0fa989906dd20ed8b6
- 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.
Government Code
Health and Safety Code
- Tex. Health & Safety Code § 286.078CONSTRUCTION CONTRACTS.Printed as Sections 286.078(a), 286.141, 286.144, and 286.145
- Tex. Health & Safety Code § 286.141GENERAL OBLIGATION BONDS.Printed as Sections 286.078(a), 286.141, 286.144, and 286.145
- Tex. Health & Safety Code § 286.144REVENUE BONDS.Printed as Sections 286.078(a), 286.141, 286.144, and 286.145
- Tex. Health & Safety Code § 286.145REFUNDING BONDS.Printed as Sections 286.078(a), 286.141, 286.144, and 286.145
- Tex. Health & Safety Code ch. 315AUTHORITY TO BORROW MONEY FOR PUBLIC HOSPITALSPrinted as Chapter 315
Cited by 1 provision
Provisions in this library whose text cites Tex. Health & Safety Code § 286.129. Each shows the citation as that text prints it.
Health and Safety Code
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.