Sec. 55.1784. TEXAS STATE UNIVERSITY SYSTEM; ADDITIONAL BONDS. (a) In addition to the other authority granted by this subchapter, the board of regents of the Texas State University System may acquire, purchase, construct, improve, renovate, enlarge, or equip property and facilities, including roads and related infrastructure, for projects to be financed through the issuance of bonds in accordance with this subchapter and in accordance with a systemwide revenue financing program adopted by the board for the following institutions, not to exceed the following aggregate principal amounts for the projects specified, as follows:
(1) Lamar University, $60 million for construction of a science building;
(2) Lamar State College--Orange, $10 million for construction of a multipurpose education building;
(3) Lamar State College--Port Arthur, $8,080,000 for expansion of technology program facilities;
(4) Lamar Institute of Technology, $12,500,000 for construction and renovation of technical arts buildings;
(5) Texas State University:
(A) $63 million for construction of an engineering and sciences building; and
(B) $48,600,000 for construction of a health professions building in Round Rock, Texas;
(6) Sam Houston State University, $48 million for construction of a biology laboratory building; and
(7) Sul Ross State University, $6,240,000 for renovation and modernization of educational and related facilities and infrastructure.
(b) The board may pledge irrevocably to the payment of bonds authorized by this section all or any part of the revenue funds of an institution, branch, or entity of the Texas State University System, including student tuition charges. The amount of a pledge made under this subsection may not be reduced or abrogated while the bonds for which the pledge is made, or bonds issued to refund those bonds, are outstanding.
(c) If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions, branches, and entities of the Texas State University System to ensure the most equitable and efficient allocation of available resources for each institution, branch, or entity to carry out its duties and purposes.
Added by Acts 2015, 84th Leg., R.S., Ch. 917 (H.B. 100), Sec. 1, eff. September 1, 2015.
Structure Texas Statutes
Subtitle A - Higher Education in General
Chapter 55 - Financing Permanent Improvements
Subchapter B. Revenue Bonds and Facilities
Section 55.11. General Authority
Section 55.111. Certain Allocated Funds to Be Designated as Capital Construction Assistance Projects
Section 55.12. Contracts for Joint Construction
Section 55.13. Authority to Issue Revenue Bonds
Section 55.14. Terms and Conditions
Section 55.15. Disposition of Bond Proceeds
Section 55.16. Board Responsibility
Section 55.165. Oversight of Certain Capital Projects
Section 55.171. Specific Institutions
Section 55.1711. Texas A&m University--Corpus Christi
Section 55.1712. Texas A&m International University
Section 55.1713. The Texas A&m University System
Section 55.1714. The University of Texas System
Section 55.1715. The University of Houston System
Section 55.1716. Texas State University System
Section 55.1717. University of North Texas and Texas College of Osteopathic Medicine
Section 55.1718. Texas Woman's University System
Section 55.172. The University of Texas--Pan American
Section 55.1721. The Texas A&m University System
Section 55.1722. The University of Texas System
Section 55.1723. The University of Houston System
Section 55.1724. Texas State University System
Section 55.1726. Texas Woman's University System
Section 55.173. The University of Houston System
Section 55.1731. The Texas A&m University System; Additional Bonds
Section 55.1732. The University of Texas System; Additional Bonds
Section 55.1733. The University of Houston System; Additional Bonds
Section 55.1734. Texas State University System; Additional Bonds
Section 55.1735. University of North Texas System; Additional Bonds
Section 55.1736. Texas Woman's University System
Section 55.1739. Texas Tech University System; Additional Bonds
Section 55.17391. Texas Southern University; Additional Bonds
Section 55.17392. Texas State Technical College System
Section 55.174. Texas Southern University
Section 55.1741. The Texas A&m University System; Additional Revenue Bonds
Section 55.17411. The Texas A&m University System; Additional Revenue Bonds
Section 55.1742. The University of Texas System; Additional Revenue Bonds
Section 55.1743. The University of Houston System
Section 55.1744. Southwest Texas State University; Additional Bonds
Section 55.1749. Texas Tech University System; Additional Revenue Bonds
Section 55.17491. Texas Southern University; Tropical Storm Allison
Section 55.1751. The Texas A&m University System; Additional Bonds
Section 55.1752. The University of Texas System; Additional Bonds
Section 55.1753. University of Houston System; Additional Bonds
Section 55.1754. Texas State University System; Additional Bonds
Section 55.1755. University of North Texas System; Additional Bonds
Section 55.1756. Texas Woman's University System
Section 55.1759. Texas Tech University System; Additional Bonds
Section 55.17591. Texas Southern University; Additional Bonds
Section 55.17592. Texas State Technical College System
Section 55.1769. Angelo State University
Section 55.1771. Texas A&m University at Galveston
Section 55.17721. The University of Texas Medical Branch at Galveston
Section 55.1781. The Texas A&m University System; Additional Bonds
Section 55.1782. The University of Texas System; Additional Bonds
Section 55.1783. University of Houston System; Additional Bonds
Section 55.1784. Texas State University System; Additional Bonds
Section 55.1785. University of North Texas System; Additional Bonds
Section 55.1786. Texas Woman's University System
Section 55.1789. Texas Tech University System; Additional Bonds
Section 55.17891. Texas Southern University; Additional Bonds
Section 55.17892. Texas State Technical College System
Section 55.17893. Midwestern State University
Section 55.1791. The Texas A&m University System; Additional Bonds
Section 55.1792. The University of Texas System; Additional Bonds
Section 55.1793. University of Houston System; Additional Bonds
Section 55.1794. Texas State University System; Additional Bonds
Section 55.1795. University of North Texas System; Additional Bonds
Section 55.1796. Texas Woman's University; Additional Bonds
Section 55.1798. Texas Tech University System; Additional Bonds
Section 55.1799. Texas Southern University; Additional Bonds
Section 55.17991. Texas State Technical College System
Section 55.18. Bonds Not Obligations of the State
Section 55.19. Refunding Bonds
Section 55.20. Approval and Registration of Bonds
Section 55.21. Bonds Are Authorized Investments and Security for Deposits
Section 55.22. Validation of Bonds and Proceedings
Section 55.23. Cumulative Effect of Subchapter
Section 55.24. Pledges Under Previous Laws to Remain in Effect