1401.045 – INTEREST AND SINKING FUND BALANCE REPORT. (a)
Texas Government Code § 1401.045
Summary
This law requires the authority to provide an accurate estimate of interest and sinking fund balances for debt service on general obligation bonds. The report must be submitted to the Legislative Budget Board and the Governor's Office of Budget and Planning every odd-numbered year by January 1.
Mandates reporting of fund balances for debt service.
Reports due every odd-numbered year by January 1.
Targets general obligation bonds specifically.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's INTEREST AND SINKING FUND BALANCE REPORT. (a) law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.