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Relating to prohibiting public schools from owning or having a business interest in certain entities and real property associated with those entities.
No fiscal implication to the State is anticipated.
SB 1133 would prohibit a public school district or a open-enrollment charter school from owning or having a business interest in real estate, arts, entertainment, recreation, or accommodation and food services. An exemption would apply if the business interest is used primarily for classroom space or serves a public purpose.
Texas Action recommends supporting SB 1133 because it promotes our principle of limited government. This bill would help limit school district expenses, prevent them from making bad investments, and keep them focused on the core mission of educating students.