Bill
HB 1472
85(R) - 2017
House Higher Education
House Higher Education
Education
Mineral Resources
Oil & Gas
Trusts
Vote Recommendation
Neutral
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Neutral
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Neutral
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Neutral
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Neutral
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Neutral
Author(s)
Giovanni Capriglione
Bill Caption
Relating to investment by a public junior college district of
public funds received from the management and development of
mineral rights.
Fiscal Notes
No fiscal implication to the State is anticipated.
Bill Analysis
Under current law, public junior college districts are authorized to make certain kinds of investments with funds obtained through the management and development of mineral rights. HB 1472 would allow public junior college districts to also invest these funds in any investment authorized to be made by a trustee in the Texas Trust Code.
Vote Recommendation Notes
HB 1472 neither uplifts nor offends our liberty principles, therefore we remain neutral.
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