Texas HB1353 allows certain state agencies to issue bonds and collaborate with the North American Development Bank for infrastructure investments.
Texas HB1353 amends the Government Code to allow specific state agencies to issue bonds and collaborate with the North American Development Bank for infrastructure investments in Texas. The bill specifies which agencies can issue bonds and requires approval from the governor and the Legislative Budget Board for any agreements involving state funds. This Act takes effect September 1, 2025.
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