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Texas Expands Bond-Issuing Authority for State Agencies and Authorizes Joint Infrastructure Funding with North American Development Bank

Original title: Relating to international cooperation agreements between certain state agencies and the United Mexican States and funding for infrastructure investment in this state; providing authority for certain agencies to issue bonds.

Last action · May 5, 2025: Received from the HouseSponsor: Ryan Guillen

Companion · SB 1170same policy, Senate version
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Proposed

Texas expands the list of state agencies authorized to issue under to include the Texas Commission on Environmental Quality and the Public Utility Commission of Texas, effective September 1, 2025. The legislation also requires approval from the governor and the Legislative Budget Board for state-funded agreements and permits covered agencies to establish joint infrastructure investment mechanisms with the North American Development Bank.

Why it matters

Expands financial and bonding powers for major state regulatory bodies to coordinate cross-border projects, requiring explicit gubernatorial and legislative fiscal oversight for treasury-funded initiatives.

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

Texas Commission on Environmental Quality

The agency gains statutory authority to issue bonds under international cooperation agreements.

Directly affected

Public Utility Commission of Texas

The agency gains statutory authority to issue bonds under international cooperation agreements.

Directly affected

Governor

Must approve state agency agreements involving the use of money appropriated from the state treasury.

Directly affected

Legislative Budget Board

Must approve state agency agreements involving the use of money appropriated from the state treasury.

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

Which new state agencies are permitted to issue bonds under this legislation?
The Texas Commission on Environmental Quality and the Public Utility Commission of Texas are added to the authorized list.
Who must approve state agency agreements that use money appropriated from the state treasury?
Such agreements must be approved by the governor and the Legislative Budget Board.
What external financial institution is mentioned for joint infrastructure investments?
The North American Development Bank.

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 · passed the House · in the Senate.

Procedural history

25 actions
  1. May 5, 2025Senate
    Received from the House
  2. May 2, 2025House
    Reported engrossed
  3. May 2, 2025House
    Statement(s) of vote recorded in Journal
  4. May 2, 2025HouseFloor
    Record vote (RV#1308)
  5. May 2, 2025HouseFloor
    Passed
  6. May 2, 2025HouseFloor
    Read 3rd time
Show 19 earlier actions
  1. May 1, 2025House
    Statement(s) of vote recorded in Journal
  2. May 1, 2025HouseFloor
    Record vote (RV#1203)
  3. May 1, 2025HouseFloor
    Passed to engrossment
  4. May 1, 2025HouseFloor
    Read 2nd time
  5. May 1, 2025House
    Placed on General State Calendar
  6. Apr 28, 2025House
    Considered in Calendars
  7. Apr 22, 2025House
    Committee report sent to Calendars
  8. Apr 21, 2025House
    Committee report distributed
  9. Apr 17, 2025House
    Comte report filed with Committee Coordinator
  10. Apr 9, 2025HouseCommittee
    Reported favorably w/o amendment(s)
  11. Apr 9, 2025House
    Considered in public hearing
  12. Apr 9, 2025House
    Recalled from subcommittee
  13. Mar 24, 2025House
    Left pending in subcommittee
  14. Mar 24, 2025House
    Testimony taken/registration(s) recorded in subcommittee
  15. Mar 24, 2025House
    Considered by s/c in public hearing
  16. Mar 24, 2025House
    Scheduled for public hearing in s/c on . . .
  17. Mar 11, 2025HouseCommittee
    Referred to s/c on International Relations by Speaker
  18. Mar 11, 2025HouseIntroduced
    Read first time
  19. Nov 15, 2024HouseIntroduced
    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

Connected Entities

Texas Department of Economic Development, Department of Agriculture, Texas Turnpike Authority and 9 more
OrganizationTexas Department of Economic Development“State agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationDepartment of Agriculture“State agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationTexas Turnpike Authority“State agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationTexas Water Development Board“State agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationPublic Utility Commission of Texas“Newly added state agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationTexas Commission on Environmental Quality“Newly added state agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationTexas Department of Housing and Community Affairs“State agency authorized to issue bonds under Section 792.005(b).”Map →
OrganizationTexas Public Finance Authority“State agency authorized to issue bonds under Section 792.005(b).”Map →
locationUnited Mexican States“Subject of international cooperation agreements under Chapter 792, Government Co”Map →
otherGovernment Code“Statutory code amended by the bill.”Map →
OrganizationLegislative Budget Board“Required to approve state agency agreements involving appropriated money.”Map →
OrganizationNorth American Development Bank“Partner entity for joint infrastructure investments in Texas.”Map →

Sources

Open source document

capitol.texas.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 60)
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz25
    Current news / social attention level

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