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Texas Education Code - Section 46.061.

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§ 46.061. [AUTHORITY OF COMMISSIONER]. (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. Added by Acts 1999, 76th Leg., ch. 396, § 1.29, eff. Sept. 1, 1999.

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Last modified: August 10, 2007