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State Highway Fund Revenue Bonds

On Sept. 13, 2003, Texas voters approved a constitutional amendment (Article III, Section 49-n) permitting the Texas Legislature to authorize the Texas Transportation Commission to issue bonds to fund state highway improvement projects payable from certain revenues deposited to the credit of the State Highway Fund and held in the State Treasury.

The Legislature has authorized the Commission to issue up to $6 billion aggregate principal amount, of which $1.2 billion must be designated for safety projects. The maximum maturity for bonds in this program is 20 years.

State Highway Fund Bond Series

Series CUSIP Base No. Par Amount Issued
Fitch

Moody's

S&P
Official Statement
2014-A
88283L $1,157,795,000 Not rated Aaa AAA
2014-B
88283L $300,000,000 Not rated Aaa AAA
2010 * 88283L $1,500,000,000 Not rated Aaa AAA
2008 88283L $162,995,000 Not rated Aaa AAA
2007 88283L $1,241,845,000 Not rated Aaa AAA
2006-A 88283L $852,550,000 Not rated Aaa AAA
2006-B 88283L $100,000,000 Not rated Aaa/VMIG1 AAA/A-1+
2006 88283L $600,000,000 Not rated Aaa AAA

        Note: * = Taxable Build America Bonds

Disclaimer

Each document contained in this section of the Commission website is marked with a Dated Date and speaks only as of that Dated Date. Except as otherwise disclosed in any Official Statement or other document, the Commission expressly disclaims any duty to update any document (or any portion of any document) contained in this section. The information and documents in this section are provided for informational purposes only, and must not be considered an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

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