89th Legislature

SB 1095

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1095 authorizes the issuance of revenue bonds for capital projects at Sul Ross State University. The bill allows the Texas State University System Board of Regents to finance the expansion of agricultural, life, and physical sciences facilities through bonds with an aggregate principal amount not exceeding $70 million. The university may pledge student tuition revenue to secure these bonds, and the board is permitted to transfer funds among institutions within the system to meet financial obligations.
Author
Cesar Blanco