Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3975 allows credit unions to serve as school district depositories, expanding the current law that limits depositories to banks. The bill amends multiple sections of the Education Code to include credit unions as eligible institutions for holding school district funds, participating in bidding for depository contracts, and managing financial transactions related to public school funding.
Author (1)
Keresa Richardson
Contact the Author
Rep. Keresa Richardson
Capitol Phone:
(512) 463-0738
Capitol Office:
EXT E2.416
E-Mail:
