Sec. 436.159. APPROPRIATION REQUIRED. In accordance with Section 49-n, Article III, Texas Constitution, general revenue is to be appropriated to the Texas Public Finance Authority in an amount determined by the authority to be necessary to pay the principal, premium if any, and interest on the bonds, and that amount shall be specified in biennial appropriations acts.
Added by Acts 2003, 78th Leg., ch. 149, Sec. 3, eff. September 13, 2003.
Structure Texas Statutes
Subtitle C - State Military Forces and Veterans
Chapter 436 - Texas Military Preparedness Commission
Subchapter D. Fiscal Provisions
Section 436.152. Analysis of Projects That Add Military or Defense Value; Financing
Section 436.1531. Loans for Communities Adversely Affected by Defense Base Reduction
Section 436.1532. Loans for Communities Positively Affected by Defense Base Restructuring
Section 436.1533. Use of Loan Proceeds to Pay Other Debt Incurred to Finance Project
Section 436.155. Incurrence of Debt by Public Entity
Section 436.156. Texas Military Value Revolving Loan Account
Section 436.157. Gifts and Grants
Section 436.158. Issuance of General Obligation Bonds and Notes for Military Value Account