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Campus facilities bill includes $111.6M for Texas State

MAP: A bill given initial approval this week by the Texas House would authorize Texas State University to sell up to $63 million in tuition revenue bonds to fund construction of an engineering and sciences building on Comanche Street in San Marcos.

FROM STAFF REPORTS

The campus construction bill tentatively approved Wednesday by the Texas House includes about $256 million for facilities at Texas State University System institutions, more than 44 percent of which would be designated for Texas State in San Marcos and Round Rock:

Authored by State Rep. John Zerwas, R-Richmond, the House bill stipulates that “If sufficient funds are not available to the board to meet its obligations under this section, the board may transfer funds among institutions … of the Texas State University System to ensure the most equitable and efficient allocation of available resources.”