This law allows an authority to issue revenue bonds and allocate the proceeds to various agencies for facility-related projects. It primarily impacts agencies involved in the construction, acquisition, or renovation of correctional and criminal justice facilities in Texas.
Authority can issue revenue bonds for funding.
Proceeds can be used for facility acquisition or renovation.
Applies to correctional and criminal justice institutions.
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In simple terms: Learn about Texas's REVENUE BONDS. (a) The authority may: law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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