By King of Parker                                     H.B. No. 3133
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to financial interests in abortion facilities.
 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-4           SECTION 1. Chapter 245, Health and Safety Code, is amended by
 1-5     adding Section 245.0055 to read as follows:
 1-6           Sec. 245.0055.  PROHIBITED FINANCIAL INTERESTS. A person may
 1-7     not hold an ownership interest or financial interest of any kind in
 1-8     an abortion facility unless the person is a physician licensed in
 1-9     this state.
1-10           SECTION 2.  A person who holds an ownership interest or
1-11     financial interest in an abortion facility that holds a license
1-12     under Chapter 245, Health and Safety Code, on the effective date of
1-13     this Act, is not subject to the prohibition of Section 245.0055, as
1-14     added by this Act, before January 1, 2003.
1-15           SECTION 3.  This Act takes effect immediately if it receives
1-16     a vote of two-thirds of all the members elected to each house, as
1-17     provided by Section 39, Article III, Texas Constitution.  If this
1-18     Act does not receive the vote necessary for immediate effect, this
1-19     Act takes effect September 1, 2001.