Rep. Doggett Applauds Remedy To Prevent Excessive Financing Costs on Texas School Construction Finance
May 11, 2023
May 11, 2023
WASHINGTON, May 11 -- Rep. Lloyd Doggett, D-Texas, issued the following news release on May 10, 2023:
U.S. Representative Lloyd Doggett (D-Austin) released the following statement applauding the IRS-issued notice of intentto update the outdated federal limit on the amount of bonds that the Texas' Permanent School Fund (PSF) can guarantee:
"My efforts to avoid the diversion of taxpayer dollars from new classrooms and renovated facilities into higher financing fees h . . .
U.S. Representative Lloyd Doggett (D-Austin) released the following statement applauding the IRS-issued notice of intentto update the outdated federal limit on the amount of bonds that the Texas' Permanent School Fund (PSF) can guarantee:
"My efforts to avoid the diversion of taxpayer dollars from new classrooms and renovated facilities into higher financing fees h . . .