Texas legislation · 89th Legislature 2nd Special Session
Texas HB114: Relating to a prohibition on the guarantee of public school bonds.
Status: Introduced, August 15, 2025
What the bill says
An act relating to a prohibition on the guarantee of public school bonds.
From the introduced text, August 18, 2025:
A BILL TO BE ENTITLED AN ACT relating to a prohibition on the guarantee of public school bonds. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: ARTICLE 1. GUARANTEE OF PUBLIC SCHOOL BONDS PROHIBITED SECTION 1.001. The heading to Subchapter C, Chapter 45, Education Code, is amended to read as follows: SUBCHAPTER C.[ADDED: GUARANTEE OF][[DELETED: GUARANTEED]] BONDS[ADDED: PROHIBITED] SECTION 1.002. Section 45.052, Education Code, is amended to read as follows: Sec. 45.052. GUARANTEE[ADDED: OF BONDS PROHIBITED]. (a)[ADDED: Bonds][[DELETED: On ] [DELETED: approval by the commissioner, bonds]] issued under Subchapter A by a school district or Chapter 53 for a charter district, including refunding and refinanced bonds,[ADDED: may not be][[DELETED: are]] guaranteed[ADDED: or ] [ADDED: otherwise underwritten]by the corpus and income of the permanent school fund. (b)[ADDED: A][[DELETED: Notwithstanding any amendment of this subchapter or ] [DELETED: other law, the]] guarantee[ADDED: of or credit enhancement provided for a] [[DELETED: under this subchapter of]] school district or charter district[ADDED: bond ] [ADDED: approved before September 1, 2025,][[DELETED: bonds]] remains in effect until the date those bonds mature or are defeased in accordance with state law. ARTICLE 2. CONFORMING CHANGES SECTION 2.001. Section 12.141(c), Education Code, is amended to read as follows: (c) The agency shall annually review the amount of funds in the charter school liquidation fund and transfer …
Sponsors
- Brian Harrison (R, HD-010) · primary sponsor
Latest actions
- : Filed
Subjects: Education--Primary & Secondary--Finance, BONDS
Common questions
- What is HB114?
- HB114 is a bill in the Texas Legislature (89th Legislature 2nd Special Session): Relating to a prohibition on the guarantee of public school bonds.
- What does HB114 do?
- In its own words: An act relating to a prohibition on the guarantee of public school bonds.
- What is the status of HB114?
- Introduced as of August 15, 2025. Latest action: Filed (August 15, 2025).
- Who sponsored HB114?
- Brian Harrison (R, HD-010).
- Where is the official record for HB114?
- On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=892&Bill=HB00114
Source: official Texas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.