SB2395 • 2025

Relating to general obligation bonds issued by school districts.

Education

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Creighton
Last action: 2025-05-19
Official status: 05/19/2025 H Left pending in committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relating to general obligation bonds issued by school districts.

What This Bill Does

Relating to general obligation bonds issued by school districts.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-05-19 Texas Legislature Online
Scheduled for public hearing on . . .
2025-05-19 Texas Legislature Online
Considered in public hearing
2025-05-19 Texas Legislature Online
Testimony taken/registration(s) recorded in committee
2025-05-19 Texas Legislature Online
Left pending in committee
2025-04-28 Texas Legislature Online
Read first time
2025-04-28 Texas Legislature Online
Referred to Pensions, Investments & Financial Services
2025-04-25 Texas Legislature Online
Received from the Senate
2025-04-24 Texas Legislature Online
Placed on local & uncontested calendar
2025-04-24 Texas Legislature Online
Laid before the Senate
2025-04-24 Texas Legislature Online
Read 2nd time & passed to engrossment
2025-04-24 Texas Legislature Online
Vote recorded in Journal
2025-04-24 Texas Legislature Online
Three day rule suspended
2025-04-24 Texas Legislature Online
Record vote
2025-04-24 Texas Legislature Online
Read 3rd time
2025-04-24 Texas Legislature Online
Passed
2025-04-24 Texas Legislature Online
Record vote
2025-04-24 Texas Legislature Online
Reported engrossed
2025-04-14 Texas Legislature Online
Reported favorably w/o amendments
2025-04-14 Texas Legislature Online
Recommended for local & uncontested calendar
2025-04-14 Texas Legislature Online
Committee report printed and distributed
2025-04-10 Texas Legislature Online
Considered in public hearing
2025-04-10 Texas Legislature Online
Vote taken in committee
2025-04-08 Texas Legislature Online
Scheduled for public hearing on . . .
2025-04-08 Texas Legislature Online
Considered in public hearing
2025-04-08 Texas Legislature Online
Left pending in committee
2025-04-03 Texas Legislature Online
Co-author authorized
2025-03-25 Texas Legislature Online
Read first time
2025-03-25 Texas Legislature Online
Referred to Education K-16
2025-03-12 Texas Legislature Online
Received by the Secretary of the Senate
2025-03-12 Texas Legislature Online
Filed

Official Summary Text

Relating to general obligation bonds issued by school districts.

Current Bill Text

Read the full stored bill text

89(R) SB 2395 - Engrossed version - Bill Text

By: Creighton, Hall

S.B. No. 2395

A BILL TO BE ENTITLED

AN ACT

relating to general obligation bonds issued by school districts.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Section 45.1105(a), Education Code, is amended

to read as follows:

(a) A school district may use the unspent proceeds of issued

general obligation bonds only:

(1) for the specific purposes for which the bonds were

authorized;
or

(2) to retire the bonds[
; or

[
(3)

for a purpose other than the specific purposes

for which the bonds were authorized if:

[
(A)

the specific purposes are accomplished or

abandoned; and

[
(B)

the board of trustees at a public meeting

held only for the purpose of considering the use of the unspent bond

proceeds approves in separate votes the use of the proceeds for:

[
(i)

a purpose other than to retire the

bonds; and

[
(ii)

the purpose specified at the time the

vote is taken
].

SECTION 2. Sections 45.1105(b) and (c), Education Code, are

repealed.

SECTION 3. This Act applies only to a general obligation

bond authorized to be issued at an election held on or after the

effective date of this Act.

SECTION 4. This Act takes effect September 1, 2025.