Relating to the posting of information regarding certain bonds guaranteed by the permanent school fund.

SB 604 requires the Texas Permanent School Fund Corporation to post quarterly on its website a list of school districts with bonds guaranteed by the fund that have received speculative (downgraded) ratings. It directly affects school districts and charter districts that issued such bonds, as their names and outstanding bond balances must be publicly disclosed. The bill mandates that the list include the district name and the bond's outstanding balance, with the first posting due by December 1, 2025. The law takes effect September 1, 2025, increasing transparency around the financial status of these school bonds.