TITLE 34. PUBLIC FINANCE

PART 9. TEXAS BOND REVIEW BOARD

CHAPTER 181. BOND REVIEW BOARD

SUBCHAPTER A. BOND REVIEW RULES

34 TAC §181.2, §181.9

The Texas Bond Review Board (BRB) adopts amendments to §181.2 and §181.9 concerning Bond Review Rules without changes to the proposed text as published in the April 25, 2008, issue of the Texas Register (33 TexReg 3382).

Texas Government Code Chapter 1231 was amended by the Texas Legislature 80th Regular Session, Senate Bill 1332 effective September 1, 2007. The amendments to the rules are to address the changes in Texas Government Code Chapter 1231 and to clarify existing Bond Review Board processes.

The 30-day comment period ended May 25, 2008, and BRB did not receive any comments on the proposed amendments.

No public comments were received. No public hearing was requested under Texas Government Code §2001.029.

The amendments are adopted under Texas Government Code §1231.022, which gives BRB the authority to adopt rules governing application for review, the review process, and reporting requirements involved in the issuance of state securities.

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 July 17, 2008.

TRD-200803658

Thomas Griess

Assistant Attorney General

Texas Bond Review Board

Effective date: August 6, 2008

Proposal publication date: April 25, 2008

For further information, please call: (512) 463-1741