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  89R4772 AND-F     By: Blanco S.B. No. 1096       A BILL TO BE ENTITLED   AN ACT   relating to authorizing the issuance of revenue bonds for certain   capital projects at Texas Tech University Health Sciences Center at   El Paso.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter B, Chapter 55, Education Code, is   amended by adding Section 55.17999 to read as follows:           Sec.   55.17999.     TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER   AT EL PASO; ADDITIONAL BONDS.   (a)   In addition to the other   authority granted under this subchapter, the board of regents of   the Texas Tech University System may acquire, purchase, construct,   improve, renovate, enlarge, or equip property and facilities,   including roads and related infrastructure, for Texas Tech   University Health Sciences Center at El Paso for construction and   equipment of an oral health care center, to be financed by the   issuance of bonds in accordance with a systemwide revenue financing   program and secured as provided by that program, in an aggregate   principal amount not to exceed $162,000,000.           (b)     The board may pledge irrevocably to the payment of the   bonds authorized by this section all or any part of the revenue   funds of an institution, branch, or entity of the Texas Tech   University System, including student tuition charges.   The amount   of a pledge made under this subsection may not be reduced or   abrogated while the bonds for which the pledge is made, or bonds   issued to refund those bonds, are outstanding.           (c)     If sufficient funds are not available to the board to   meet its obligations under this section, the board may transfer   funds among institutions, branches, and entities of the Texas Tech   University System to ensure the most equitable and efficient   allocation of available resources for each institution, branch, or   entity to carry out its duties and purposes.          SECTION 2.  This Act does not affect any authority or   restriction regarding the activities that a public institution of   higher education may conduct in connection with a facility financed   by bonds authorized by this Act.          SECTION 3.  This Act takes effect September 1, 2025.