Texas Government Code Title 9, Chapter 1401 - Bonds For Certain Criminal Justice Or Mental Health And Mental Retardation Facilities

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 1401.001 - Definitions
  In this chapter: (1) "Authority" means the Texas Public Finance Authority. (2) "Board" means the board of directors of the authority. Added by Acts 1999,...
• Texas Section 1401.002 - Bond Review Board Member Immunity
  A Bond Review Board member is not liable for damages that result from performing a function of the member under this chapter. Added by Acts...

SUBCHAPTER B BOND REVIEW BOARD OVERSIGHT

• Texas Section 1401.003 - Legislative Authority
  The authority may not issue or sell a bond under this chapter for a project unless the legislature has authorized the specific project by: (1)...
• Texas Section 1401.021 - Bond Review Board Approval Of Bond Issuance
  The authority may not issue a bond under this chapter unless the Bond Review Board has reviewed and approved the issuance. Added by Acts 1999,...

SUBCHAPTER C GENERAL OBLIGATION BONDS AND PROCEEDS

• Texas Section 1401.022 - Bond Review Board Approval Of Project
  The proceeds of a bond issued under this chapter may not be used to finance a project unless the Bond Review Board has reviewed and...
• Texas Section 1401.041 - General Obligation Bonds
  (a) As provided by Section 49-h( a), Article III, Texas Constitution, as that section existed September 1, 1999, the authority may: (1) issue general obligation...
• Texas Section 1401.042 - Refunding Bonds
  The authority may issue a general obligation bond authorized under Section 1401.041 to refund a revenue bond issued under Subchapter D. Added by Acts 1999,...
• Texas Section 1401.043 - Refinancing Certain Obligations
  (a) The proceeds of a bond issued under Section 1401.041(a), (b), (c)(1), or (d) may be used to refinance an existing obligation for a purpose...
• Texas Section 1401.044 - Distribution Of Proceeds
  The authority by rule shall establish guidelines, criteria, and procedures for distributions of general obligation bond proceeds. Added by Acts 1999, 76th Leg., ch. 227,...

SUBCHAPTER D REVENUE BONDS AND PROCEEDS

• Texas Section 1401.045 - Interest And Sinking Fund Balance Report
  (a) The authority shall report to the Legislative Budget Board and the Governor's Office of Budget and Planning an accurate estimate of interest and sinking...
• Texas Section 1401.061 - Revenue Bonds
  (a) The authority may: (1) issue revenue bonds; and (2) distribute the bond proceeds to any appropriate agency to: (A) acquire, construct, or equip a...
• Texas Section 1401.062 - Revenue Bond Proceeds
  On issuing bonds under Section 1401.061, the board shall: (1) certify to the appropriate agency and to the comptroller that the funds are available; and...
• Texas Section 1401.063 - Investment Of Proceeds
  (a) With the board's concurrence, the comptroller shall invest the unexpended revenue bond proceeds and the investment income of those unexpended proceeds in investments approved...
• Texas Section 1401.064 - Payment Of Principal Or Interest
  The board may provide that the principal of and interest on revenue bonds issued under this subchapter be paid from any source of funds lawfully...

SUBCHAPTER E REVENUE BOND PROJECTS

• Texas Section 1401.065 - Bond Requirements
  Revenue bonds issued under this subchapter are subject to Sections 1232.117 and 1232.118. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept....
• Texas Section 1401.081 - Conditions For Beginning Project
  The appropriate agency may begin an approved project financed under Subchapter D after: (1) the authority has certified that the authority has authorized obligations in...
• Texas Section 1401.082 - Revenue Bond Repayment And Lease Agreement
  (a) In accordance with a lease agreement, the appropriate agency, with money appropriated for the purpose, shall pay to the board an amount the board...

SUBCHAPTER F FINANCIAL PROVISIONS

• Texas Section 1401.083 - Rights To Financed Property
  (a) Property financed by the authority under Subchapter D does not become part of other property to which it is attached or affixed or into...

SUBCHAPTER G MISCELLANEOUS PROVISIONS

• Texas Section 1401.101 - Exemption From Taxation
  A bond issued under this chapter, any transaction related to the bond, and profits made in the sale of the bond are exempt from taxation...
• Texas Section 1401.121 - Texas Department Of Criminal Justice Master Plan
  (a) Unless the Texas Department of Criminal Justice has submitted to the Bond Review Board a master plan for the construction of corrections facilities, the...

Last modified: September 28, 2016