Relating to general obligation bonds issued by school districts.
Texas school districts can only use unspent funds from voter-approved general obligation bonds for the original project or to pay off the bonds. The bill prohibits redirecting leftover funds to other purposes (like new buildings or programs), even with board approval, which was previously allowed. This change applies only to bonds authorized after September 1, 2025, and repeals prior exceptions allowing flexible fund use. It restricts how districts manage bond proceeds without altering bond issuance rules.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
Senate Passage
Apr 2025
House Passage
Governor
Introduced Mar 12, 2025
Last action May 19, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Introduced
→
Engrossed
·
2 edits
·
Apr 24, 2025
MINOR
The bill was reformatted from an introduced draft to an engrossed version with improved spacing and formatting. The substantive legislative text remains unchanged, maintaining the same provisions for how school districts can use unspent bond proceeds.
Scope change
No substantive change to scope or applicability; formatting only
TECHNICAL
Removed extraneous metadata lines and improved document formatting for the engrossed version
Standardized spacing and line breaks throughout the bill text
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
28
Key actions
7
Committee
8
May 19, 2025
Lower · Passed
Left pending in committee
lower
May 19, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Apr 28, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Apr 28, 2025
Introduced
Read first time
lower
Apr 25, 2025
Introduced
Received from the Senate
lower
Apr 24, 2025
Upper · Passed
Passed
upper
Apr 14, 2025
Upper · Passed
Committee report printed and distributed
upper
Apr 14, 2025
Upper · Passed
Reported favorably w/o amendments
upper
Apr 10, 2025
Upper · Passed
Vote taken in committee
upper
Apr 8, 2025
Upper · Passed
Left pending in committee
upper
Mar 25, 2025
Committee
Referred to Education K-16
upper
Mar 25, 2025
Introduced
Read first time
upper
1 primary · 1 co-sponsor
Sponsors
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