Part 10.
TEXAS PUBLIC FINANCE AUTHORITY
Chapter 221.
DISTRIBUTION OF BOND PROCEEDS
34 TAC §§221.2, 221.3, 221.6
The Texas Public Finance Authority adopts amendments to 34
TAC Chapter 221, §§221.2, 221.3, and 221.6, concerning the distribution
of bond proceeds without changes to the text as published in the November
12, 2004, issue of the
Texas Register
(29
TexReg 10465). The rules will not be republished.
The amendments to §221.2 update citations to the Texas Government
Code and the Constitution. The amendments to §221.3 update guidance to
client agencies for the submission of financing requests to conform to the
Board's current meeting schedule and procedures for competitive bond sales.
The amendments to §221.6 update the statutory citation.
No comments were received concerning the proposed amendments.
The amendments are adopted under the authority of Texas Government
Code, §1232.067, which authorizes the board of the authority to adopt
rules reasonably necessary for the board to administer its functions, and §1232.113,
which requires the board to establish by rule a complaint process for client
agencies.
The amendments affect the Texas Constitution, Article III, §§49-h,
49-e, 49-l, 49-n, and 50-f and Texas Government Code , Chapters 1232 and 1403.
This agency hereby certifies that the adoption has been reviewed
by legal counsel and found to be a valid exercise of the agency's legal authority.
Filed with the Office of
the Secretary of State on January 11, 2005.
TRD-200500117
Kimberly Edwards
Executive Director
Texas Public Finance Authority
Effective date: January 31, 2005
Proposal publication date: November 12, 2004
For further information, please call: (512) 463-5544
Chapter 225.
MASTER LEASE PURCHASE PROGRAM