SB 1382
Middleton’s bill tying school bond guarantees to debt
Died in committee
Verdict: No flags
Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to the eligibility of certain school districts with outstanding debt for the guarantee of a bond by the permanent school fund.
Caption from analyzed text · version I.
Summary
No guarantee above $10,000 in bond debt per enrolled student.
The bill bars the education commissioner from approving a state permanent school fund guarantee for a school district's bonds unless the district's outstanding bond debt is no more than $10,000 per enrolled student. It touches school districts that borrow through bonds and rely on the state fund's backing to get better interest rates. Heavily indebted districts lose access to the guarantee for new bonds issued on or after September 1, 2025, while older guaranteed bonds keep the old rules.
Labels
Labels: NEVER GOT A HEARING. Filed Feb 19, 2025 and referred to the Senate Education K-16 committee. No public hearing. The bill died.
Receipt
The receipt
89R-SB1382 · 2025-02-19
SOLD BY
ITEM
relating to the eligibility of certain school districts with outstanding debt for the guarantee of a bond by the permanent school fund.
WHAT IT DOES
No guarantee above $10,000 in bond debt per enrolled student.
The bill bars the education commissioner from approving a state permanent school fund guarantee for a school district's bonds unless the district's outstanding bond debt is no more than $10,000 per enrolled student. It touches school districts that borrow through bonds and rely on the state fund's backing to get better interest rates. Heavily indebted districts lose access to the guarantee for new bonds issued on or after September 1, 2025, while older guaranteed bonds keep the old rules.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Received by the Secretary of the Senate
- Filed
- Read first time
- Referred to Education K-16
FILED UNDER
THE TEXT
…“only if the ratio of the total amount of the district's outstanding bonds to the number of students enrolled in the district is not more than $10,000 per student”
Bill text, introduced version (I)
The bill limits state-backed bond guarantees to school districts whose outstanding bond debt stays at or under $10,000 per student.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Jul 6, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Texans for Lawsuit Reform PAC$1,140,000.00
Texans for Lawsuit Reform PAC
$1,140,000.00
- Cash
- $1,140,000.00
- Paid by others
- $0.00
- Total
- $1,140,000.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 12, 2024 to Oct 21, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101009502, 101012383, 101061137, 101072395, 101072779.
Missing data does not establish zero giving. Display amounts are rounded.
Texans for Lawsuit Reform PAC
$1,140,000.00
- Cash
- $1,140,000.00
- Paid by others
- $0.00
- Total
- $1,140,000.00
Also funds 124 other sitting lawmakers.
Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 12, 2024 to Oct 21, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Report IDs: 101009502, 101012383, 101061137, 101072395, 101072779.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal note in the loaded record.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.
Sources
Texas Senate · Filed Feb 19, 2025
03/06/2025 S Referred to Education K-16
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
Senate committee · Education K-16 · Final status: Died in committee
Subjects
Education--Primary & Secondary--Finance
BONDS
Text
The text as introduced · 217 words
89R10833 KJE-D By: Middleton S.B. No. 1382 A BILL TO BE ENTITLED AN ACT relating to the eligibility of certain school districts with outstanding debt for the guarantee of a bond by the permanent school fund. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter C, Chapter 45, Education Code, is amended by adding Section 45.0542 to read as follows: Sec. 45.0542. ELIGIBILITY OF CERTAIN SCHOOL DISTRICTS WITH OUTSTANDING DEBT. The commissioner may approve the guarantee of a school district's eligible bonds under this subchapter only if the ratio of the total amount of the district's outstanding bonds to the number of students enrolled in the district is not more than $10,000 per student. SECTION 2. The change in law made by this Act applies only to the guarantee of a school district's bond under Subchapter C, Chapter 45, Education Code, as amended by this Act, that is issued on or after the effective date of this Act. The guarantee of a school district's bond under that subchapter that is issued before the effective date of this Act is governed by the law in effect on the date the bond was issued, and the former law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2025.