Honorable Jane Nelson, Chair, Senate Committee on Health & Human Services
John S. O'Brien, Deputy Director, Legislative Budget Board
SB812 by Deuell (Relating to the powers of a community center.), As Introduced
The bill would amend Section 534.022 of the Health and Safety Code relating to the financing of facilities of community centers that provide mental health and mental retardation services. The bill would also require attorney general approval of notes issued in the form of public securities and obligations prior to the community center issuing the notes or obligations. The bill would take effect September 1, 2005.
The Office of Attorney General anticipates any legal work resulting from the passage of the bill could be reasonably absorbed with current resources.
The proposed additional methods of financing that would be available to a community center that provides mental health and mental retardation services would increase the center's flexibility in financing its facilities.
No significant fiscal implication to units of local government is anticipated.
302 Office of the Attorney General
JOB, CL, DLBa