Relating to prohibiting a public institution of higher education from partnering with certain private entities for the construction of a student housing facility.

HB 718 prohibits public universities in Texas from partnering with private companies to build student housing if those companies have unresolved unpaid bills from contractors, subcontractors, or vendors. This applies to contracts entered into on or after September 1, 2025, directly affecting public institutions of higher education when selecting housing development partners. Exceptions allow partnerships if the private entity has a payment bond or is contesting the claim in good faith. The law aims to prevent universities from working with entities facing financial disputes over construction payments.