SRC-JEC S.B. 726 77(R)BILL ANALYSIS Senate Research CenterS.B. 726 By: Bivins Intergovernmental Relations 6/20/2001 Enrolled DIGEST AND PURPOSE Currently, the Stratford Hospital District's fiscal year is July 1 - June 30. The Board of Directors is elected on the third Saturday in May. S.B. 726 changes the fiscal year to September 1 - August 31, to coincide with the fiscal year of the Texas Department of Human Services Long Term Care program. The election date is changed to the first Saturday in May to coincide with the Stratford Independent School District. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 6, Chapter 470, Acts of the 61st Legislature, Regular Session, 1969, to require that the Stratford Hospital District be operated on the basis of a fiscal year commencing on September 1, rather than July 1, of each year and ending on August 31, rather than June 30, of the following year. SECTION 2. Amends Section 4(c), Chapter 470, Acts of the 61st Legislature, Regular Session, 1969, to require an election to elect an appropriate number of directors to be held on the first, rather than third, Saturday in May of each year. SECTION 3. Effective date: September 1, 2001.