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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 78(R)

SENATE BILL 200  

SENATE AUTHOR: Shapiro

EFFECTIVE: 05-15-03         

HOUSE SPONSOR: Hodge

Senate Bill 200 amends the Health and Safety Code to authorize countywide hospital districts created pursuant to Section 4, Article IX, Texas Constitution, and having a voter-approved property tax rate not greater than 75 cents per $100 of assessed valuation, to pledge hospital system revenues and tax revenues to pay for combination tax and revenue bonds or other obligations if approved at an election called by the county commissioners court. The election must be requested by the district's board of managers based on findings that such obligations are the best method to fund certain improvements to the hospital system. The bonds or obligations, if approved by voters, are to be issued by the commissioners court on behalf of the district.