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Relating to providing that the State of Texas, any department, board, agency, or instrumentality of the State of Texas, any municipal corporation, any political subdivision, any district and any body politic and corporate of the State of Texas which is now or may hereafter be authorized by law to issue and sell bonds, notes, or other obligations payable from taxes, or revenues, or both, may issue and sell such bonds, notes, or other obligations at any price or prices and bearing interest at any rate or rates, provided that the net effective interest rate, as herein defined, shall not exceed six and one-half per cent per annum; making certain qualifications and exceptions; enacting other provisions related to the subject.