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89(R) SB 843 - Enrolled version - Bill Text
S.B. No. 843
AN ACT
relating to a Texas Education Agency database of school district
and open-enrollment charter school bonds, taxes, and bond-related
projects.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter E, Chapter 45, Education Code, is
amended by adding Section 45.114 to read as follows:
Sec.
45.114.
BOND, TAX, AND PROJECT DATABASE.
(a)
In this
section:
(1) "Bond" means a bond described by Section 45.001.
(2)
"Charter district" means an open-enrollment
charter school designated as a charter district under Section
12.135.
(3)
"Database" means the database established under
this section.
(4)
"Maintenance tax" means a tax described by Section
45.002.
(b)
The agency shall develop and maintain a database that
includes current information regarding school district or
open-enrollment charter school, including charter district, bonds,
taxes, and bond-related projects, including:
(1)
for each bond planned, proposed, or issued by a
school district:
(A)
the language of the ballot proposition under
Section 45.003(b);
(B)
the projected interest and sinking fund tax
rate associated with a proposed bond;
(C)
the result of an election held for the
purpose of issuing a proposed bond;
(D)
a list of the projects to be funded using the
bond;
(E)
an accounting of the use of the proceeds of
any issued bond, including descriptions of any projects paid for
with the proceeds;
(F)
other data related to capital projects, such
as new or renovated facilities, funded wholly or partly using the
bond, including data regarding funding sources for the projects,
project costs, project budget, and project size; and
(G)
any increase in the interest and sinking fund
tax rate resulting from issued bonds;
(2)
for each bond issued for an open-enrollment
charter school, including a charter district:
(A)
a list of the projects to be funded using the
bond; and
(B)
an accounting of the use of the proceeds of
any issued bond, including descriptions of any projects paid for
with the proceeds;
(3)
for maintenance taxes that have been levied or
proposed by a school district:
(A)
each school district's proposed or approved
tax rate; and
(B)
the language of the ballot proposition under
Section 45.003(d);
(4)
the results of any election held under Section
26.08, Tax Code, including the ad valorem tax rate proposed by the
school district for purposes of the election;
(5)
a report generation function to allow the agency
to generate reports of the information described by Subdivisions
(1), (2), and (3), as applicable, for each school district and
open-enrollment charter school, including a charter district,
disaggregated by geographic area; and
(6)
a function that allows for the proposal of updates
or corrections to the information included in the database.
(c)
A school district or open-enrollment charter school,
including a charter district, shall provide the agency with the
information described by Subsections (b)(1) through (4) and any
other information requested by the agency for the purpose of
maintaining the database established under this section.
(d)
The agency may contract with a third party as necessary
for the development or maintenance of the database under this
section.
(e)
The agency shall transmit the information described
above to the Bond Review Board to satisfy the local government
reporting requirements under Section 1231.025 of the Government
Code.
(f)
The commissioner may adopt rules as necessary to
implement this section.
SECTION 2. The Texas Education Agency is required to
implement a provision of this Act only if the legislature
appropriates money specifically for that purpose. If the
legislature does not appropriate money specifically for that
purpose, the agency may, but is not required to, implement a
provision of this Act using other money available for that purpose.
SECTION 3. This Act takes effect September 1, 2025.
______________________________
______________________________
President of the Senate
Speaker of the House
I hereby certify that S.B. No. 843 passed the Senate on
April 24, 2025, by the following vote: Yeas 30, Nays 1; and that
the Senate concurred in House amendment on May 26, 2025, by the
following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
I hereby certify that S.B. No. 843 passed the House, with
amendment, on May 20, 2025, by the following vote: Yeas 144,
Nays 0, four present not voting.
______________________________
Chief Clerk of the House
Approved:
______________________________
Date
______________________________
Governor