# Tex. Government Code § 1372.024: INCREASE IN AMOUNT OF STATE CEILING AVAILABLE TO ISSUERS OF STATE-VOTED ISSUES

> Texas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.024

## Section

- **Citation:** Tex. Government Code § 1372.024
- **Heading:** INCREASE IN AMOUNT OF STATE CEILING AVAILABLE TO ISSUERS OF STATE-VOTED ISSUES
- **Jurisdiction:** Texas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** TX Code / Code gv / Chapter 1372 / Section 1372.024

## Text

(a) If, before January 2, applications received for reservations for state-voted issues total more than 10 percent of the available state ceiling for that program year, the percentage of state-voted ceiling requested that is more than 10 percent of the state ceiling:

(1) is removed from the state ceiling available to other issuers on January 2; and

(2) is available for those applications for reservations for state-voted issues.

(b) The amount removed under Subsection (a) may not exceed 10 percent of the state ceiling.

(c) The remaining portion of the state ceiling is available in accordance with Section 1372.022(a).

## Nearby sections

- [Tex. Government Code § 1372.001 § 1372.001. DEFINITIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.001.md)
- [Tex. Government Code § 1372.002 § 1372.002.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.002.md)
- [Tex. Government Code § 1372.003 § 1372.003.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.003.md)
- [Tex. Government Code § 1372.004 § 1372.004. RULES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.004.md)
- [Tex. Government Code § 1372.005 § 1372.005. DELIVERY OF REQUIRED SUBMISSIONS TO BOARD; ISSUANCE OF RECEIPTS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.005.md)
- [Tex. Government Code § 1372.006 § 1372.006. FEES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.006.md)
- [Tex. Government Code § 1372.021 § 1372.021. ANNUAL ALLOCATION OF STATE CEILING.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.021.md)
- [Tex. Government Code § 1372.022 § 1372.022. AVAILABILITY OF STATE CEILING TO ISSUERS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.022.md)
- [Tex. Government Code § 1372.023 § 1372.023. DEDICATION OF PORTIONS OF STATE CEILING TO TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.023.md)
- [Tex. Government Code § 1372.024 § 1372.024. INCREASE IN AMOUNT OF STATE CEILING AVAILABLE TO ISSUERS OF STATE-VOTED ISSUES.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.024.md)
- [Tex. Government Code § 1372.025 § 1372.025. REALLOCATION OF STATE CEILING ON FAILURE OF BONDS TO QUALIFY AS TAX-EXEMPT OBLIGATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.025.md)
- [Tex. Government Code § 1372.026 § 1372.026. LIMITATION ON AMOUNT OF STATE CEILING AVAILABLE TO HOUSING FINANCE CORPORATIONS.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.026.md)
- [Tex. Government Code § 1372.027 § 1372.027. PUBLICATION OF AVAILABLE STATE CEILING.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.027.md)
- [Tex. Government Code § 1372.028 § 1372.028. APPLICATION FOR RESERVATION; FORM AND CONTENT.](https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.028.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TX_Cgv_C1372_S1372.024. Check the current official text before relying on it. Not legal advice.