Bill Text: TX SB1468 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the authority of the board of regents of the Texas A&M University System to construct, acquire, improve, extend, and equip utility systems located on university system property.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2025-02-20 - Filed [SB1468 Detail]
Download: Texas-2025-SB1468-Introduced.html
89R14912 CMO-F | ||
By: Schwertner | S.B. No. 1468 |
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relating to the authority of the board of regents of the Texas A&M | ||
University System to construct, acquire, improve, extend, and equip | ||
utility systems located on university system property. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 85.24, Education Code, is amended to | ||
read as follows: | ||
Sec. 85.24. UTILITIES. (a) The board [ |
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may improve and equip existing [ |
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construct, acquire, improve, and equip steam plants and additions | ||
to steam plants. For the purposes of this subsection, [ |
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the board may acquire property [ |
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institutions under its control[ |
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construction, capacity, and plans and specifications have been | ||
approved by the board. As used in this subsection, "steam plants" | ||
does not include electrical generating facilities, but "[ |
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power plants" does include electrical generating facilities. | ||
(b) The board [ |
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improve the water systems and [ |
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of construction, capacity, and plans and specifications have been | ||
approved by the board. | ||
(c) The board may provide [ |
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power, electricity, or any combination [ |
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from the [ |
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located at each institution to [ |
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been or may be constructed at each institution, and may determine | ||
the amount to be charged as a part of the maintenance and operation | ||
expense of those buildings or facilities for the service or | ||
services. The board may allocate the cost of providing | ||
[ |
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facilities and to other buildings and facilities at the | ||
institutions. The board may pledge the net revenues from the | ||
amounts thus received for the services to pay the principal of and | ||
interest on, and to create and maintain the reserve for, the | ||
negotiable revenue bonds issued for the purpose of constructing, | ||
acquiring, improving, extending, or equipping the power and steam | ||
plants, or additions thereto, or other facilities, and may secure | ||
the bonds additionally by pledging rentals, rates, charges, and | ||
fees for the use or availability of all or any property, buildings, | ||
structures, activities, operations, or facilities, of any nature, | ||
which may be fixed and collected from all or any designated part of | ||
the students enrolled in the institution or institutions or from | ||
others in the amounts and in the manner determined and provided by | ||
the board in the resolution authorizing the issuance of the bonds. | ||
(d) In addition to the authority granted to the board under | ||
Subsections (a) and (b), the board may construct and acquire power | ||
and steam plants, and additions to power and steam plants, located | ||
on university system property in Brazos County and may acquire | ||
water systems and sewer systems located on university system | ||
property in Brazos County. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2025. |