S.B. 1944 78(R)    BILL ANALYSIS


S.B. 1944
By: Fraser
Local Government Ways and Means
Committee Report (Unamended)



BACKGROUND AND PURPOSE 

The City of Temple currently is home to six centers for medical services,
educational and clinical 
resources, and bioscience research. These centers include: Temple Life
Science, Technology and 
Research Campus, Cardiovascular Research Institute, Central Texas
Veteran's Health Care 
Center, Scott & White Hospital & Clinics, Texas A&M University Blackland
Research 
Center/USDA Research Center, and Texas A&M University Health Science
Center/College of 
Medicine. S.B. 1944 authorizes the creation of the Temple Health and
Bioscience Economic 
Development District with the power to impose an ad valorem tax on
property and issue bonds 
for economic development purposes only for the health and biosciences
industries. The creation 
of the district is intended to further the public purpose of improving the
economy of the state and 
the City of Temple by providing for the development of health and
biosciences operations and 
facilities.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
additional rulemaking authority to a state officer, department, agency, or
institution. 

ANALYSIS

ARTICLE 1. LEGISLATIVE FINDINGS AND INTENT; CONSTRUCTION OF ACT

SECTION 1.001. DECLARATION OF LEGISLATIVE FINDINGS AND INTENT.
SECTION 1.002. CONSTRUCTION OF ACT.

ARTICLE 2. GENERAL PROVISIONS

SECTION 2.001. DEFINITIONS.
SECTION 2.002. NATURE OF DISTRICT.

ARTICLE 3. CREATION OF DISTRICT

SECTION 3.001. APPLICATION FOR PETITION TO CREATE DISTRICT.
SECTION 3.002. HEADING, STATEMENT, AND ISSUE ON APPLICATION FOR
PETITION TO CREATE DISTRICT.
SECTION 3.003. COPIES OF PETITION.
SECTION 3.004. FILING AND VERIFICATION OF PETITION.
SECTION 3.005. REQUIREMENTS TO ORDER ELECTION.
SECTION 3.006. NOTICE AND CONDUCT OF ELECTION; RESULTS.
SECTION 3.007. TEMPORARY BOARD.

ARTICLE 4. BOARD OF DIRECTORS

SECTION 4.001. GOVERNING BODY.
SECTION 4.002. TERMS.
SECTION 4.003. DATE OF ELECTIONS.
SECTION 4.004. QUALIFICATIONS.
SECTION 4.005. BOARD VACANCY.
 SECTION 4.006. DIRECTOR'S BOND; OATH.
SECTION 4.007. BOARD OFFICERS.
SECTION 4.008. COMPENSATION; EXPENSES.
SECTION 4.009. MEETINGS AND NOTICE.
SECTION 4.010. EMPLOYEES; PERSONS HIRED BY BOARD.

ARTICLE 5. POWERS AND DUTIES

SECTION 5.001. GENERAL POWERS OF DISTRICT.
SECTION 5.002. RULES.
SECTION 5.003. DISTRICT OFFICE.
SECTION 5.004. PROPERTY.
SECTION 5.005. AGREEMENTS; GRANTS.
SECTION 5.006. COMPETITIVE BIDDING.
SECTION 5.007. RELATION TO OTHER LAW ON CONTRACTS.
SECTION 5.008. FEES FOR USE OF DISTRICT IMPROVEMENTS.
SECTION 5.009. PROGRAMS.
SECTION 5.010. PROJECTS.
SECTION 5.011. SUITS.
SECTION 5.012. SEAL.
SECTION 5.013. NONPROFIT CORPORATION.

ARTICLE 6. GENERAL FINANCIAL PROVISIONS

SECTION 6.001 USE OF DISTRICT MONEY.
SECTION 6.002. INVESTMENTS.
SECTION 6.003. DISBURSEMENTS OR TRANSFERS OF MONEY.
SECTION 6.004. DEPOSITORY INSTITUTION.
SECTION 6.005. ACCOUNTS; FISCAL YEAR.
SECTION 6.006. PROJECT FUND.
SECTION 6.007. AUDIT.
SECTION 6.008. ASSESSMENTS.
SECTION 6.009. LIABILITIES.
SECTION 6.010. BONDS AND OTHER OBLIGATIONS.

ARTICLE 7. AD VALOREM TAX

SECTION 7.001. IMPOSITION OF AD VALOREM TAX.
SECTION 7.002. TAX RATE.
SECTION 7.003. TAX ASSESSOR-COLLECTOR.

ARTICLE 8. DISSOLUTION OF DISTRICT

SECTION 8.001. DISSOLUTION OF DISTRICT.
SECTION 8.002. DISSOLUTION BY ORDER OF CITY COUNCIL.
SECTION 8.003. DISSOLUTION OF DISTRICT ON AGREEMENT WITH THE CITY.
SECTION 8.004. EFFECT OF DISSOLUTION ON TAXES.

ARTICLE 9. EFFECTIVE DATE.

SECTION 9.001. EFFECTIVE DATE. Effective date: September 1, 2003.


EFFECTIVE DATE

September 1, 2003.