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Texas Education Code - EDUC § 61.0816. Information Regarding Higher Education Authorities

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The board shall collect and make available to the public on request information regarding higher education authorities operating under Chapters 53, 53A, and 53B and nonprofit corporations carrying out the functions of higher education authorities under those chapters. For each authority or corporation, the information must include:

(1) the total amount and type of outstanding bonds issued by the authority or corporation;

(2) a description of the programs and activities administered by the authority or corporation; and

(3) with respect to any real property owned by the authority or corporation:

(A) the location and description of the property;

(B) the current or proposed use of the property, including whether the property is under construction or renovation;

(C) the method by which the authority or corporation financed the acquisition, construction, or renovation of the property;

(D) the school, public or private institution of higher education, or other educational institution for which the property is being used or proposed to be used;

(E) whether the property is exempt from ad valorem taxes; and

(F) the appraised value of the property.

(b) A higher education authority or nonprofit corporation described by this section shall provide the board the relevant information the board requests at the time and in the manner the board prescribes.

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Cite this article: FindLaw.com - Texas Education Code - EDUC § 61.0816. Information Regarding Higher Education Authorities - last updated January 01, 2024 | https://codes.findlaw.com/tx/education-code/educ-sect-61-0816/

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