89th Legislature

SB 1096

Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 1096 authorizes the issuance of revenue bonds for capital projects at Texas Tech University Health Sciences Center at El Paso. The bill allows the Texas Tech University System Board of Regents to issue bonds up to $162 million to finance the construction and equipping of an oral health care center. The bonds will be financed under a systemwide revenue program, and the board may pledge student tuition revenue to secure the bonds. If necessary, the board can transfer funds among institutions within the Texas Tech University System to fulfill financial obligations.
Author
Cesar Blanco