Sec. 1372.073. DESIGNATION BY BOARD OF UNENCUMBERED STATE CEILING. Notwithstanding any other provision of this chapter, the board on the last business day of the year may assign as carryforward to a state agency or to an issuer that was created to act on behalf of this state at the request of the issuer and in the order received any state ceiling that is not reserved or designated as carryforward and for which no application for carryforward is pending.
Added by Acts 2009, 81st Leg., R.S., Ch. 1416 (S.B. 2064), Sec. 15, eff. June 19, 2009.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 992 (S.B. 1474), Sec. 17, eff. September 1, 2019.
Structure Texas Statutes
Subtitle F - Specific Authority for State or Local Government to Issue Securities
Chapter 1372 - Private Activity Bonds and Certain Other Bonds
Subchapter C. Carryforward of State Ceiling
Section 1372.061. Designation by Board of Certain Amounts of State Ceiling as Carryforward
Section 1372.062. Priority Classifications of Carryforward Designations
Section 1372.063. Priority 1 Carryforward Classification
Section 1372.064. Priority 2 Carryforward Classification
Section 1372.065. Priority 3 Carryforward Classification
Section 1372.066. Priority 4 Carryforward Classification
Section 1372.067. Priority 5 Carryforward Classification
Section 1372.068. Priority 6 Carryforward Classification
Section 1372.069. Application for Carryforward Designation; Limitations
Section 1372.070. Form and Contents of Application for Carryforward Application
Section 1372.071. Action on Application for Carryforward Designation
Section 1372.072. Amendment or Withdrawal of Application for Carryforward Designation
Section 1372.073. Designation by Board of Unencumbered State Ceiling