Texas Constitution, April 2008 Page: 96
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Art. 7 Sec. 3-b
Sec. 3-b. INDEPENDENT SCHOOL DISTRICTS AND JUNIOR
COLLEGE DISTRICTS; TAXES AND BONDS; CHANGES IN
BOUNDARIES. No tax for the maintenance of public free schools voted in
any independent school district and no tax for the maintenance of a junior college
voted by a junior college district, nor any bonds voted in any such district, but 5
unissued, shall be abrogated, cancelled or invalidated by change of any kind in
the boundaries thereof. After any change in boundaries, the governing body of
any such district, without the necessity of an additional election, shall have the
power to assess, levy and collect ad valorem taxes on all taxable property within
the boundaries of the district as changed, for the purposes of the maintenance 5
of public free schools or the maintenance of a junior college, as the case may
be, and the payment of principal of and interest on all bonded indebtedness
outstanding against, or attributable, adjusted or allocated to, such district or
any territory therein, in the amount, at the rate, or not to exceed the rate, and in
the manner authorized in the district prior to the change in its boundaries, and
further in accordance with the laws under which all such bonds, respectively,
were voted; and such governing body also shall have the power, without the
necessity of an additional election, to sell and deliver any unissued bonds voted 5
in the district prior to any such change in boundaries, and to assess, levy and
collect ad valorem taxes on all taxable property in the district as changed, for
the payment of principal of and interest on such bonds in the manner permitted
by the laws under which such bonds were voted. In those instances where the
boundaries of any such independent school district are changed by the annexation 5
of, or consolidation with, one or more whole school districts, the taxes to be
levied for the purposes hereinabove authorized may be in the amount or at not
to exceed the rate theretofore voted in the district having at the time of such
change the greatest scholastic population according to the latest scholastic census
and only the unissued bonds of such district voted prior to such change, may
be subsequently sold and delivered and any voted, but unissued, bonds of other
school districts involved in such annexation or consolidation shall not thereafter
be issued. (Added Nov. 6, 1962; amended Nov. 8, 1966.) 5
Sec. 4. SALE OF LANDS; INVESTMENT OF PROCEEDS. The
lands herein set apart to the Public Free School fund, shall be sold under such
regulations, at such times, and on such terms as may be prescribed by law; and 3
the Legislature shall not have power to grant any relief to purchasers thereof.
The proceeds of such sales must be used to acquire other land for the Public
Free School fund as provided by law or the proceeds shall be invested by the
comptroller of public accounts, as may be directed by the Board of Education
herein provided for, in the bonds of the United States, the State of Texas, or
counties in said State, or in such other securities, and under such restrictions as
may be prescribed by law; and the State shall be responsible for all investments.
(Amended Aug. 14, 1883, Nov. 5, 1985, and Nov. 7, 1995.) 5
Sec. 4A. (Repealed Nov. 6, 2001.) (TEMPORARY TRANSITION
PROVISION for Sec. 4A: See Appendix, Note 3.)
Sec. 4B. INDEPENDENT SCHOOL DISTRICT; BOARD OF
TRUSTEES; DONATION OF REAL PROPERTY AND IMPROVEMENTS.
(a) The legislature by general law may authorize the board of trustees of an
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Texas. Legislature. Legislative Council. Research Division. Texas Constitution, April 2008, book, April 2008; Austin, Texas. (https://texashistory.unt.edu/ark:/67531/metapth654146/m1/102/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.