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A BILL TO BE ENTITLED
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AN ACT
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relating to the powers and duties of the Sweeny Hospital District. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 7, Chapter 135, Acts of the 58th |
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Legislature, Regular Session, 1963, is amended by adding Subsection |
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(e) to read as follows: |
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(e) The board of directors may employ physicians, dentists, |
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or other health care providers as the board considers necessary for |
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the efficient operation of the district. This subsection does not |
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authorize the board to supervise or control the practice of |
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medicine or permit the unauthorized practice of medicine, as |
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prohibited by Subtitle B, Title 3, Occupations Code. |
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SECTION 2. Chapter 135, Acts of the 58th Legislature, |
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Regular Session, 1963, is amended by adding Sections 7B and 7C to |
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read as follows: |
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Sec. 7B. (a) The board of directors may borrow money at a |
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rate not to exceed the maximum annual percentage rate allowed by law |
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for district obligations at the time the loan is made if the board |
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declares that: |
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(1) money is not available to meet authorized |
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obligations of the district; and |
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(2) an emergency exists. |
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(b) To secure a loan, the board of directors may pledge: |
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(1) district revenues that are not pledged to pay |
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bonded indebtedness of the district; |
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(2) district taxes to be imposed in the next 12-month |
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period that are not pledged to pay the principal of or interest on |
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district bonds; or |
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(3) district bonds that have been authorized but not |
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sold. |
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(c) A loan for which district taxes or bonds are pledged |
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must mature not later than the first anniversary of the date the |
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loan is made. A loan for which district revenues are pledged must |
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mature not later than the fifth anniversary of the date the loan is |
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made. |
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(d) The board of directors may not spend money obtained from |
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a loan under this section for any purpose other than: |
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(1) the purpose for which the board declared an |
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emergency; and |
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(2) if district taxes or bonds are pledged to pay the |
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loan, the purpose for which the pledged taxes were imposed or the |
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pledged bonds were authorized. |
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Sec. 7C. (a) The board of directors may borrow money at a |
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rate not to exceed the maximum annual percentage rate allowed by law |
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for district obligations at the time the loan is made. |
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(b) To secure a loan, the board of directors may pledge: |
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(1) district revenues that are not pledged to pay |
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bonded indebtedness of the district; |
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(2) district taxes to be imposed in the next 12-month |
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period that are not pledged to pay the principal of or interest on |
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district bonds; or |
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(3) district bonds that have been authorized but not |
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sold. |
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(c) A loan for which district taxes or bonds are pledged |
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must mature not later than the first anniversary of the date the |
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loan is made. A loan for which district revenues are pledged must |
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mature not later than the fifth anniversary of the date the loan is |
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made. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |