Texas Senate Bill 604 requires the Texas Permanent School Fund Corporation to publicly list, on its website, any bonds it guarantees that have been downgraded to a speculative rating. This list must be updated quarterly and include the name of the issuing school district or charter district and the bond's outstanding balance. The initial list is due by December 1, 2025, and the law takes effect on September 1, 2025. ([legiscan.com](https://legiscan.com/TX/text/SB604/id/3221968?utm_source=openai))
The bill has not been widely covered in the media. However, its passage in the Senate with unanimous support suggests bipartisan agreement on the importance of transparency in managing the Permanent School Fund. The requirement for quarterly updates aims to keep stakeholders informed about the financial health of the fund. ([legiscan.com](https://legiscan.com/TX/bill/SB604/2025?utm_source=openai))
There is no significant media coverage indicating opposition to the bill. The lack of coverage may reflect limited public awareness or interest in the specifics of the bill.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Texas Legislature. Conflict-of-interest analysis for this bill is coming soon.
TX SB604