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Authorizing the creation of Athletic Stadium Authorities by Boards of Trustees of any two independent school districts; providing an authority shall be governed by a board of directors consisting of seven members; providing for the selection of officers; providing that the authority shall have the power to construct, enlarge, furnish, and equip stadia, purchase existing stadia, furnishings, and equipment, and operate and maintain stadia; authorizing the issuance of revenue bonds; qualifying such bonds for public investment and security of public funds; providing for junior lien bonds; authorizing contracts between an authority and school districts in support of bonds issued by the authority; providing for pledging maintenance taxes in support of contracts if the question of pledging a maintenance tax is approved at an election; providing for the approval of bonds by the attorney general and the registering of bonds by the comptroller of public accounts; authorizing an authority to select depositories; providing for tax exemption of authority's facilities; making other provisions in the premises.