1-1 AN ACT
1-2 relating to the authority of certain hospital districts to enter
1-3 into credit agreements.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 1(1), Chapter 656, Acts of the 68th
1-6 Legislature, Regular Session, 1983 (Article 717q, Vernon's Texas
1-7 Civil Statutes), is amended to read as follows:
1-8 (1) "Issuer" means (A) any incorporated city operating
1-9 under a home-rule charter adopted pursuant to Article XI, Section
1-10 5, of the Constitution of Texas having a population according to
1-11 the latest federal decennial census of 90,000 or more and having
1-12 outstanding long-term debt secured by the revenues of the public
1-13 utility for which the obligations are being issued which is rated
1-14 by a nationally recognized rating agency for municipal securities
1-15 in one of the four highest rating categories for long-term
1-16 obligations; (B) any conservation and reclamation district created
1-17 and organized as a river authority under and pursuant to Article
1-18 III, Section 52, or Article XVI, Section 59, of the Constitution of
1-19 Texas and by an act of the legislature of the State of Texas; (C)
1-20 any joint powers agency organized and operating pursuant to Chapter
1-21 166, Acts of the 63rd Legislature, Regular Session, 1973 (Article
1-22 1435a, Revised Statutes); (D) any metropolitan rapid transit
1-23 authority or regional transportation authority created, organized,
1-24 and operating pursuant to Chapter 141, Acts of the 63rd
2-1 Legislature, Regular Session, 1973 (Article 1118x, Revised
2-2 Statutes) or Chapter 683, Acts of the 66th Legislature, Regular
2-3 Session, 1979 (Article 1118y, Revised Statutes); (E) any
2-4 conservation and reclamation district organized or operating as a
2-5 navigation district under and pursuant to Article III, Section 52,
2-6 or Article XVI, Section 59, of the Constitution of Texas; (F) any
2-7 district organized or operating under and pursuant to Article XVI,
2-8 Section 59, of the Constitution of Texas which has all or part of
2-9 two or more incorporated cities within its boundaries; (G) agencies
2-10 of the State of Texas (including the governing boards of the state
2-11 institutions of higher education); (H) any hospital authority or
2-12 hospital district in a county with a population of more than 2
2-13 million, according to the most recent federal census, or any
2-14 hospital authority in a county that is included, in whole or in
2-15 part, in a standard metropolitan statistical area of this state
2-16 that includes a county with a population of more than 1,800,000,
2-17 that was created or is operating under Chapter 262, Health and
2-18 Safety Code, or Chapter 264, Health and Safety Code; (I) any
2-19 nonprofit corporation organized to exercise the powers of a higher
2-20 education authority under Subsection (e), Section 53.47, Education
2-21 Code; and (J) a county having a population of 2 million or more
2-22 according to the most recent federal census.
2-23 SECTION 2. The importance of this legislation and the
2-24 crowded condition of the calendars in both houses create an
2-25 emergency and an imperative public necessity that the
2-26 constitutional rule requiring bills to be read on three several
2-27 days in each house be suspended, and this rule is hereby suspended,
3-1 and that this Act take effect and be in force from and after its
3-2 passage, and it is so enacted.
_______________________________ _______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 3299 was passed by the House on April
23, 1999, by the following vote: Yeas 141, Nays 0, 2 present, not
voting.
_______________________________
Chief Clerk of the House
I certify that H.B. No. 3299 was passed by the Senate on May
17, 1999, by the following vote: Yeas 30, Nays 0.
_______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor