Relating to prohibiting a school district from using interest and sinking tax revenue to pay for deferred maintenance.

SB 2842 prohibits Texas school districts from using interest and sinking tax revenue (money raised through property taxes to pay bond debt) to cover deferred maintenance costs. This includes repairs, preventive maintenance, or replacing parts/systems in school facilities. The bill amends the Education Code to explicitly ban this use of bond funds under Section 45.001(d), requiring districts to demonstrate compliance before issuing new bonds. It directly affects all school districts that rely on bond financing for infrastructure, ensuring maintenance costs are covered by operating budgets rather than debt-repayment funds. The legislation aims to clarify that bond proceeds must fund new construction or major capital projects, not ongoing facility upkeep.