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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 76(R)

HOUSE BILL 2453  

HOUSE AUTHOR: Edwards

EFFECTIVE: 09-01-99         

SENATE SPONSOR: Lindsay

House Bill 2453 amends the Medical Practice Act and the Texas Optometry Act to authorize a physician and an optometrist or a therapeutic optometrist to organize, jointly own, and manage a partnership, a limited partnership, a limited liability company, or any other legal entity to acquire real property, other physical facilities, or equipment for the delivery of health care services or management. The act authorizes the entity to employ or otherwise use a person who is not a physician, optometrist, or therapeutic optometrist for the delivery of health care services or management. The act allows only a physician, optometrist, or therapeutic optometrist to own an interest in the entity, but does not prohibit an entity from making payments to an owner's estate.