1-1 By: Smithee (Senate Sponsor - Bivins) H.B. No. 3061
1-2 (In the Senate - Received from the House May 1, 1995;
1-3 May 2, 1995, read first time and referred to Committee on
1-4 Intergovernmental Relations; May 10, 1995, reported favorably by
1-5 the following vote: Yeas 8, Nays 0; May 10, 1995, sent to
1-6 printer.)
1-7 A BILL TO BE ENTITLED
1-8 AN ACT
1-9 relating to the authority of the Swisher Memorial Hospital District
1-10 to issue anticipation notes and certificates of obligation.
1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-12 SECTION 1. Chapter 16, Acts of the 59th Legislature, Regular
1-13 Session, 1965, is amended by adding Section 7A to read as follows:
1-14 Sec. 7A. ANTICIPATION NOTES AND CERTIFICATES OF OBLIGATION.
1-15 The Board of Directors of the Hospital District may issue:
1-16 (1) anticipation notes under Article 717w, Revised
1-17 Statutes; and
1-18 (2) certificates of obligation under Subchapter C,
1-19 Chapter 271, Local Government Code.
1-20 SECTION 2. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
1-24 days in each house be suspended, and this rule is hereby suspended,
1-25 and that this Act take effect and be in force from and after its
1-26 passage, and it is so enacted.
1-27 * * * * *