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Tex. Educ. Code § 46.061

STATE ASSISTANCE FOR REFINANCING

Added by Acts 1999, 76th Leg., ch. 396, Sec. 1.29, eff

(a) The commissioner by rule may provide for the payment of state assistance under this chapter to refinance school district debt. A refinancing may not increase the cost to the state of providing the assistance.

(b) The commissioner may allocate state assistance provided for a refinancing to Subchapter A, Subchapter B, or both, as appropriate.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.