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By: Clardy (Senate Sponsor - Hancock) |
H.B. No. 3333 |
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(In the Senate - Received from the House May 6, 2015; |
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May 7, 2015, read first time and referred to Committee on |
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Intergovernmental Relations; May 18, 2015, reported favorably by |
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the following vote: Yeas 5, Nays 0; May 18, 2015, sent to printer.) |
| Click here to see the committee vote |
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COMMITTEE VOTE |
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YeaNayAbsentPNV |
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LucioX |
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BettencourtX |
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CampbellX |
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GarciaX |
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MenéndezX |
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NicholsX |
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TaylorofGalvestonX |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the investment of funds by certain municipal hospital |
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authorities. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 262.039(a), Health and Safety Code, is |
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amended to read as follows: |
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(a) This section applies only to an authority that: |
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(1) is located in: |
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(A) a county of 2.4 [3.3] million or more; or |
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(B) a municipality of less than 15,000; |
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(2) has assets that exceed the amount of any [no] |
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outstanding bonds issued under Subchapter D; and |
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(3) does not [own or] operate a hospital. |
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SECTION 2. This Act takes effect September 1, 2015. |
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* * * * * |