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Did Not Advance

Texas Prohibits Permanent School Fund From Guaranteeing New School District and Charter District Bonds

Original title: Relating to a prohibition on the guarantee of public school bonds.

Last action · July 14, 2025: FiledSponsor: Brian Harrison

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Texas House Bill 51 prohibits the from guaranteeing or underwriting new bonds issued by school districts and charter districts starting September 1, 2025. Existing bond guarantees approved before September 1, 2025, remain in effect until those bonds mature or are . The measure also redirects excess funds from the charter school liquidation fund exclusively toward teacher recruitment and credentialing grants.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

school districts

Directly affected

charter districts

Charter districts lose eligibility for permanent school fund bond guarantees and credit enhancements for bonds approved on or after September 1, 2025.

Directly affected

Texas Education Agency

The agency must alter its annual review of the charter school liquidation fund to direct excess funds solely to teacher grants rather than bond reserves.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What happens to school bonds that already received a state guarantee before September 1, 2025?
Existing guarantees remain in full effect until those specific bonds mature or are in accordance with state law.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · introduced in the House.

Procedural history

1 action
  1. Jul 14, 2025HouseIntroduced
    Filed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift99% confidence

Termination of State Bond Guarantees

The bill shifts state policy by completely dismantling the permanent school fund bond guarantee mechanism for future school district and charter district debt.

Connected Entities

State Board of Education, Brian Harrison, Texas Permanent School Fund Corporation and 1 more
OrganizationState Board of Education“Board authorized to manage and invest the permanent school fund”Map →
PersonBrian Harrison“Bill author in the lower house”Map →
OrganizationTexas Permanent School Fund Corporation“Corporation managed through delegation by the State Board of Education”Map →
OrganizationTexas Education Agency“State education agency reviewing funds and certification”Map →

Sources

Open source document

capitol.texas.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 85)
  • Controversy75
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz40
    Current news / social attention level

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