By: Barrientos S.B. No. 917
97S0294/1
A BILL TO BE ENTITLED
AN ACT
1-1 relating to the ownership of a professional association.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Subsection (B), Section 2, Texas Professional
1-4 Association Act (Article 1528f, Vernon's Texas Civil Statutes), is
1-5 amended to read as follows:
1-6 (B) Licenses. All members of the association shall be
1-7 licensed to perform the type of professional service for which the
1-8 association is formed. For the purposes of this Act, persons
1-9 licensed by the Texas State Board of Medical Examiners and persons
1-10 licensed by the Texas State Board of Podiatric Medical Examiners
1-11 shall be deemed to be licensed to perform the same type of
1-12 professional service so as to permit the joint ownership of a
1-13 professional association by podiatrists and doctors of medicine and
1-14 doctors of osteopathy.
1-15 SECTION 2. This Act takes effect September 1, 1997.
1-16 SECTION 3. The importance of this legislation and the
1-17 crowded condition of the calendars in both houses create an
1-18 emergency and an imperative public necessity that the
1-19 constitutional rule requiring bills to be read on three several
1-20 days in each house be suspended, and this rule is hereby suspended.