Sec. 46.061. STATE ASSISTANCE FOR REFINANCING

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(a) The commissioner by rule may provide for the payment of state assistance under this chapter to refinance school district debt. A refinancing may not increase the cost to the state of providing the assistance.
(b) The commissioner may allocate state assistance provided for a refinancing to Subchapter A, Subchapter B, or both, as appropriate.

Added by Acts 1999, 76th Leg., ch. 396, Sec. 1.29, eff. Sept. 1, 1999. Amended by: Acts 2009, 81st Leg., R.S., Ch. 87 , Sec. 7.007, eff. September 1, 2009.

                    
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