An authority has no power to tax.
Official text of the Texas Education Code as published by the Texas Legislative Council.
Education Code › Title 3 › Chapter 53B › Subchapter C
Texas Education Code § 53B.31
No Taxing Power
Higher Education Loan Authorities · Powers and Duties
Legislative history
Added by Acts 2005, 79th Leg., Ch. 641 (H.B. 2701), Sec. 2, eff. September 1, 2005.