reglab/housing_qa huggingface dataset:
TX Educ Code § 45.260 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter I. Intercept Program to Provide Credit Enhancement for Bonds|Section 45.260. Bonds Not Accelerated on Failure to Pay

Sec. 45.260.  BONDS NOT ACCELERATED ON FAILURE TO PAY.  If a school district fails to pay principal or interest on a bond for which credit enhancement is provided under this subchapter when the amount matures, other amounts not yet mature are not accelerated and do not become due by virtue of the district's failure to pay amounts matured.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.261 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter I. Intercept Program to Provide Credit Enhancement for Bonds|Section 45.261. Reimbursement of Foundation School Program

Sec. 45.261.  REIMBURSEMENT OF FOUNDATION SCHOOL PROGRAM.  (a)  If the commissioner orders payment from the money appropriated to the Foundation School Program on behalf of a school district that is not required to reduce its local revenue level under Section 48.257, the commissioner shall direct the comptroller to withhold the amount paid from the first state money payable to the district.  If the commissioner orders payment from the money appropriated to the Foundation School Program on behalf of a school district that is required to reduce its local revenue level under Section 48.257, the commissioner shall increase amounts due from the district under Chapter 49 in a total amount equal to the amount of payments made on behalf of the district under this subchapter.  Amounts withheld or received under this subsection shall be used for the Foundation School Program.(b)  In accordance with commissioner rules, the commissioner may authorize reimbursement of the Foundation School Program in a manner other than that provided by this section.(c)  The commissioner may order a school district to set an ad valorem tax rate capable of producing an amount of revenue sufficient to enable the district to:(1)  provide reimbursement under this section; and(2)  pay the remaining principal of and interest on the bonds as the principal and interest become due.(d)  If a school district fails to comply with the commissioner's order under Subsection (c), the commissioner may impose any sanction on the district authorized to be imposed on a district under Chapter 39A, including appointment of a board of managers or annexation to another district, regardless of the district's accreditation status or the duration of a particular accreditation status.(e)  Any part of a school district's tax rate attributable to producing revenue for purposes of Subsection (c)(1) is considered part of the district's:(1)  current debt rate for purposes of computing a voter-approval tax rate under Section 26.08, Tax Code; and(2)  interest and sinking fund tax rate.(f)  On reimbursement by a school district as required by this section, the commissioner shall pay to the district any amount withheld under this section.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 91 (S.B. 1303), Sec. 7.013, eff. September 1, 2011.Acts 2017, 85th Leg., R.S., Ch. 324 (S.B. 1488), Sec. 21.003(30), eff. September 1, 2017.Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 3.056, eff. September 1, 2019.Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 3.057, eff. January 1, 2020.|
TX Educ Code § 45.262 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter I. Intercept Program to Provide Credit Enhancement for Bonds|Section 45.262. Repeated Failure to Pay

Sec. 45.262.  REPEATED FAILURE TO PAY.  (a)  If a total of two or more payments are made under Subchapter C or this subchapter on the bonds of a school district and the commissioner determines that the district is acting in bad faith under the guarantee program under Subchapter C or the credit enhancement program under this subchapter, the commissioner may request the attorney general to institute appropriate legal action to compel the district and the district's officers, agents, and employees to comply with the duties required of them by law in regard to the bonds.(b)  Jurisdiction of proceedings under this section is in district court in Travis County.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.263 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter I. Intercept Program to Provide Credit Enhancement for Bonds|Section 45.263. Rules

Sec. 45.263.  RULES.  (a)  The commissioner shall adopt rules necessary for the administration of the bond credit enhancement program under this subchapter.(b)  In adopting rules under Subsection (a), the commissioner shall establish an annual deadline by which a school district must pay the debt service on bonds for which credit enhancement is provided under this subchapter.  The deadline established may not be later than the 10th day before the date specified under Section 48.273 for payment to school districts of the final Foundation School Program installment for a state fiscal year.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.Amended by: Acts 2019, 86th Leg., R.S., Ch. 943 (H.B. 3), Sec. 3.058, eff. September 1, 2019.|
TX Educ Code § 45.301 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.301. Definitions

Sec. 45.301.  DEFINITIONS.  In this subchapter:(1)  "Charter holder" has the meaning assigned by Section 12.1012.(2)  "Program" means the open-enrollment charter school facilities credit enhancement program established under this subchapter.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.302 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.302. Establishment of Program

Sec. 45.302.  ESTABLISHMENT OF PROGRAM.  (a)  The commissioner by rule may establish an open-enrollment charter school facilities credit enhancement program to assist charter holders in obtaining financing for the purchase, repair, or renovation of real property, including improvements to real property, for facilities of open-enrollment charter schools.(b)  The commissioner may adopt a structure and procedures for the program that are substantially similar to the structure and procedures for the credit enhancement program for school district bonds under Subchapter I.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.303 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.303. Limitation on Participation; Minimum Requirements for Debt Service Reserve

Sec. 45.303.  LIMITATION ON PARTICIPATION; MINIMUM REQUIREMENTS FOR DEBT SERVICE RESERVE.  In adopting rules under Section 45.302, the commissioner may:(1)  limit participation in the program to charter holders who hold charters for open-enrollment charter schools that meet standards established by the commissioner, including standards for financial stability, compliance with applicable state and federal program requirements, and student academic performance; and(2)  impose minimum requirements for a debt service reserve to secure repayment of obligations for which credit enhancement is provided under this subchapter.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.304 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.304. Allocation of Portion of Foundation School Program Funds for Credit Enhancement

Sec. 45.304.  ALLOCATION OF PORTION OF FOUNDATION SCHOOL PROGRAM FUNDS FOR CREDIT ENHANCEMENT.  (a)  The commissioner may allocate not more than one percent of the amount appropriated for the Foundation School Program for purposes of the program under this subchapter.(b)  The funds allocated under this section may not be considered available for purposes of any other credit enhancement program.(c)  Only those Foundation School Program funds allocated under this section may be committed to the program under this subchapter.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.305 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.305. Private Matching Funds Required; Use of Other State Funds

Sec. 45.305.  PRIVATE MATCHING FUNDS REQUIRED; USE OF OTHER STATE FUNDS.  (a)  The commissioner may not implement the program unless private funds in an amount at least equal to the amount of state funds allocated under Section 45.304 are obligated to the program for at least the first 10 years of the term of obligations for which credit enhancement is provided under the program.(b)  The commissioner may use state funds allocated under Section 45.304 to pay any amount due for credit enhancement under the program and, subject to the terms of the applicable private credit obligation agreement, provide for payment of private funds to the Foundation School Program in an amount equal to at least one-half of the amount of the state funds paid.  The commissioner may also use any other state funds available for the purpose to make payments under this subchapter or to reimburse the Foundation School Program for payments made under this subchapter from Foundation School Program funds.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.306 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.306. Repayment; Lien

Sec. 45.306.  REPAYMENT; LIEN.  (a)  If a charter holder on behalf of which the state makes a payment under the program does not immediately repay the Foundation School Program the amount of the payment, the commissioner shall withhold any funds due from the state to the charter holder as necessary to recover the total amount of state and private funds paid on behalf of the charter holder under the program.(b)  If a charter holder is for any reason, including revocation or surrender of a charter or bankruptcy, unable to repay any amount due under this subchapter, any loss of funds shall be shared equally between the Foundation School Program and the person providing the private funds obligated for credit enhancement under this subchapter.(c)  A charter holder for which credit enhancement is provided under this subchapter to purchase, repair, or renovate real property for open-enrollment charter school facilities must agree to execute a lien on that real property in a form prescribed by the commissioner and approved by the attorney general to secure repayment of all amounts due to the state from the charter holder, including reimbursement of any private funds paid on behalf of an open-enrollment charter school under this subchapter.(d)  A lien under this section must be filed in the real property records of each county in which the real property is located.  A lien under this section has priority over any other claim against the real property except a lien granted to the holders of obligations issued to finance the acquisition of the real property and any security interest or lien existing before credit enhancement is provided under this subchapter.(e)  The commissioner shall notify a charter holder of any amount determined to be due to the state, including federal funds.  If the full amount due to the state has not been repaid or recovered by the commissioner from other funds due to the charter holder within the current and subsequent school year, the commissioner may request the attorney general to file an action to foreclose on a lien under this section.  Funds recovered from foreclosure of a lien under this section shall be credited first to any security interest or lien with priority over the lien under this section, then to the charter holder's obligation under this section, and then to any other program to which the funds are due.(f)  Venue for a suit under this section is in Travis County.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.307 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.307. Status of Program

Sec. 45.307.  STATUS OF PROGRAM.  (a)  The program is separate from and does not create any claim to the credit enhancement program for school district bonds under Subchapter I.(b)  This subchapter does not create a debt of the state under the Texas Constitution or, except to the extent provided by this subchapter, create a payment obligation.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.308 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter J. Open-Enrollment Charter School Facilities Credit Enhancement Program|Section 45.308. Rules

Sec. 45.308.  RULES.  If the commissioner establishes a program under this subchapter, the commissioner shall adopt rules to administer the program.|Added by Acts 2009, 81st Leg., R.S., Ch. 1328 (H.B. 3646), Sec. 75, eff. September 1, 2009.|
TX Educ Code § 45.351 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter K. County Equalization Tax|Section 45.351. Applicability

Sec. 45.351.  APPLICABILITY.  This subchapter applies only to a county:(1)  with a population of more than 40,000 but less than 55,000; and(2)  for which a county equalization tax was adopted under former Chapter 18 of this code, as that chapter existed on May 1, 1995, and continues in effect under Section 11.301.|Added by Acts 2021, 87th Leg., R.S., Ch. 236 (H.B. 1133), Sec. 1, eff. June 4, 2021.|
TX Educ Code § 45.352 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 45 - School District Funds|Subchapter K. County Equalization Tax|Section 45.352. Election to Revoke County Equalization Tax

Sec. 45.352.  ELECTION TO REVOKE COUNTY EQUALIZATION TAX.  The commissioners court of a county to which this subchapter applies may order an election on the question of revoking the county equalization tax, in accordance with former Section 18.11 of this code and other applicable provisions of former Chapter 18, as that chapter existed on May 1, 1995, that continues in effect under Section 11.301.|Added by Acts 2021, 87th Leg., R.S., Ch. 236 (H.B. 1133), Sec. 1, eff. June 4, 2021.|
TX Educ Code § 46.001 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.001. Definition

Sec. 46.001.  DEFINITION.  In this subchapter, "instructional facility" means real property, an improvement to real property, or a necessary fixture of an improvement to real property that is used predominantly for teaching the curriculum required under Section 28.002.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.23, eff. Sept. 1, 1999.|
TX Educ Code § 46.002 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.002. Rules

Sec. 46.002.  RULES.  (a)  The commissioner may adopt rules for the administration of this subchapter.(b)  The commissioner's rules may limit the amount of an allotment under this subchapter that is to be used to construct, acquire, renovate, or improve an instructional facility that may also be used for noninstructional or extracurricular activities.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.23, eff. Sept. 1, 1999.|
TX Educ Code § 46.004 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.004. Lease-Purchase Agreements

Sec. 46.004.  LEASE-PURCHASE AGREEMENTS.  (a)  A district may receive state assistance in connection with a lease-purchase agreement concerning an instructional facility.  For purposes of this subchapter:(1)  taxes levied for purposes of maintenance and operations that are necessary to pay a district's share of the payments under a lease-purchase agreement for which the district receives state assistance under this subchapter are considered to be bond taxes;  and(2)  payments under a lease-purchase agreement are considered to be payments of principal of and interest on bonds.(b)  Section 46.003(b) applies to taxes levied to pay a district's share of the payments under a lease-purchase agreement for which the district receives state assistance under this subchapter.(c)  A lease-purchase agreement must be for a term of at least eight years to be eligible to be paid with state and local funds under this subchapter.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.25, eff. Sept. 1, 1999.|
TX Educ Code § 46.005 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.005. Limitation on Guaranteed Amount

Sec. 46.005.  LIMITATION ON GUARANTEED AMOUNT.  The guaranteed amount of state and local funds for a new project that a district may be awarded in any state fiscal biennium under Section 46.003 for a school district may not exceed the lesser of:(1)  the amount the actual debt service payments the district makes in the biennium in which the bonds are issued;  or(2)  the greater of:(A)  $100,000;  or(B)  the product of the number of students in average daily attendance in the district multiplied by $250.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.|
TX Educ Code § 46.007 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.007. Refunding Bonds

Sec. 46.007.  REFUNDING BONDS.  A school district may use state funds received under this subchapter to pay the principal of and interest on refunding bonds that:(1)  are issued to refund bonds eligible under Section 46.003;(2)  do not have a final maturity date later than the final maturity date of the bonds being refunded;(3)  may not be called for redemption earlier than the earliest call date of the bonds being refunded;  and(4)  result in a present value savings, which is determined by computing the net present value of the difference between each scheduled payment on the original bonds and each scheduled payment on the refunding bonds.  The present value savings shall be computed at the true interest cost of the refunding bonds.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 396, Sec. 1.27, eff. Sept. 1, 1999.|
TX Educ Code § 46.008 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.008. Standards

Sec. 46.008.  STANDARDS.  (a)  The commissioner shall establish standards for adequacy of school facilities.  The standards must include requirements related to space, educational adequacy, and construction quality.  All new facilities constructed after September 1, 1998, must meet the standards to be eligible to be financed with state or local tax funds.(b)  Repealed by Acts 2009, 81st Leg., R.S., Ch. 698, Sec. 5, eff. December 31, 2009.|Added by Acts 1997, 75th Leg., ch. 592, Sec. 1.04, eff. Sept. 1, 1997.Amended by: Acts 2007, 80th Leg., R.S., Ch. 1213 (H.B. 1886), Sec. 10, eff. September 1, 2007.Acts 2009, 81st Leg., R.S., Ch. 698 (H.B. 2763), Sec. 5, eff. December 31, 2009.|
TX Educ Code § 46.0081 (2021)
2021 Texas Statutes|Education Code|Title 2 - Public Education|Subtitle I - School Finance and Fiscal Management|Chapter 46 - Assistance With Instructional Facilities and Payment of Existing Debt|Subchapter A. Instructional Facilities Allotment|Section 46.0081. Security Criteria in Design of Instructional Facilities

Sec. 46.0081.  SECURITY CRITERIA IN DESIGN OF INSTRUCTIONAL FACILITIES.  A school district that constructs a new instructional facility or conducts a major renovation of an existing instructional facility using funds allotted to the district under this subchapter shall consider, in the design of the instructional facility, appropriate security criteria.|Added by Acts 2005, 79th Leg., Ch. 780 (S.B. 11), Sec. 7, eff. September 1, 2005.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 620 (S.B. 1556), Sec. 2, eff. June 14, 2013.|