Notice of Intent to Issue Debt (Non-exempt Issuers Only)
The Texas Bond Review Board is responsible for approval of certain state debt issues and lease purchases with an initial principal amount greater than $250,000 or a financing term greater than five years.
Notice of Intent to Issue (excerpt from the BRB Rules, Sec. 181.2)
Submission of an application for board approval to issue state debt must be preceded by a written notice of intent to issue debt no later than 12 business days prior to a regularly scheduled planning session.
The notice must contain but is not limited to:
- a brief description of the proposed issuance, including, but not limited to, the purpose, the tentative amount, and a brief outline of the proposed terms;
- the proposed timing of the issuance with a tentative date of sale and closing;
- a request to have the debt issuance or lease-purchase scheduled for consideration by the board during a specified monthly meeting; and
- an agreement to submit the required application see Application Forms no later than 10 business days prior to the scheduled planning session to discuss the application.
You must click on the “Submit Letter of Intent” button with your mouse to submit this form.
By clicking on the “Submit Letter of Intent” button, you are entering into an agreement to submit the required application see Application Forms no later than 10 business days prior to the schedule planning session to discuss the application.
After you click on the “Submit Letter of Intent” button, your information will be submitted to the Bond Review Board and you should be redirected to a Thank You page. If after clicking on the submit button, you do not see a Thank You page, please contact Bond Review Board staff at (512) 463-1741 to manually submit your letter of intent.