Texas Statutes
Subchapter B. Allocation and Reservation of State Ceiling
Section 1372.045. Reservation, Allocation, and Carryforward Designation by Board of Additional State Ceiling

Sec. 1372.045. RESERVATION, ALLOCATION, AND CARRYFORWARD DESIGNATION BY BOARD OF ADDITIONAL STATE CEILING. (a) The board is authorized to establish and administer programs for the reservation, allocation, and carryforward designation of additional state ceiling in accordance with the federal law that establishes the additional state ceiling and, to the extent consistent with the federal law, as the board determines will achieve the purposes for which the additional state ceiling is authorized by federal law.
(b) The board may adopt rules and procedures the board considers necessary to effectively administer programs authorized under this section.
(c) The board may prescribe forms and applications as needed to effectively implement and administer programs authorized under this section.
(d) The board may adopt emergency rules in connection with the programs authorized under this section when the board determines that the emergency rules are necessary for the state to obtain the full benefits of the additional state ceiling.
Added by Acts 2009, 81st Leg., R.S., Ch. 1416 (S.B. 2064), Sec. 14, eff. June 19, 2009.

Structure Texas Statutes

Texas Statutes

Government Code

Title 9 - Public Securities

Subtitle F - Specific Authority for State or Local Government to Issue Securities

Chapter 1372 - Private Activity Bonds and Certain Other Bonds

Subchapter B. Allocation and Reservation of State Ceiling

Section 1372.021. Annual Allocation of State Ceiling

Section 1372.022. Availability of State Ceiling to Issuers

Section 1372.0223. Dedication of Portion of State Ceiling to Certain Issuers of Qualified Mortgage Bonds

Section 1372.023. Dedication of Portions of State Ceiling to Texas Department of Housing and Community Affairs

Section 1372.0231. Dedication of Portion of State Ceiling Available for Qualified Residential Rental Project Bonds

Section 1372.024. Increase in Amount of State Ceiling Available to Issuers of State-Voted Issues

Section 1372.025. Reallocation of State Ceiling on Failure of Bonds to Qualify as Tax-Exempt Obligations

Section 1372.026. Limitation on Amount of State Ceiling Available to Housing Finance Corporations

Section 1372.0261. Failure of Housing Finance Corporation to Use Amount of State Ceiling Allocated

Section 1372.027. Publication of Available State Ceiling

Section 1372.028. Application for Reservation; Form and Content

Section 1372.0281. Information Required of Issuers of Certain Qualified Student Loan Bonds

Section 1372.029. Applications for Multiple Projects at Same Site Prohibited

Section 1372.030. Granting of Certain Reservations Prohibited; Exceptions

Section 1372.031. Priorities for Reservations Among Certain Issuers

Section 1372.032. Priorities for Reservations Among Issuers of Qualified Mortgage Bonds

Section 1372.0321. Priorities for Reservations Among Issuers of Qualified Residential Rental Project Issues

Section 1372.033. Priorities for Reservations Among Certain Issuers of Qualified Student Loan Bonds

Section 1372.034. Order of Acceptance of Certain Applications for Reservation

Section 1372.035. Granting of Reservations; Order

Section 1372.036. Reservations From Portion of State Ceiling Subsequently Becoming Available

Section 1372.037. Limitations on Granting of Reservations for Individual Projects

Section 1372.038. Reservation Date

Section 1372.039. Certification Required of Issuer; Cancellation on Failure

Section 1372.040. Reservation by Certain Issuers of Qualified Mortgage Bonds of Money for Mortgages for Certain Persons

Section 1372.041. Refusal to Accept Reservation by Issuer

Section 1372.042. Deadline for Closing on Bonds by Issuer

Section 1372.043. Cancellation of Reservation on Issuer's Failure to Timely Close on Bonds

Section 1372.044. Assignment of Reservation

Section 1372.045. Reservation, Allocation, and Carryforward Designation by Board of Additional State Ceiling