H.B. No. 5664
 
 
 
 
AN ACT
  relating to the operation of Wood County Central Hospital District
  of Wood County, Texas.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 1116.051(a), Special District Local Laws
  Code, is amended to read as follows:
         (a)  The board consists of seven [six] directors elected from
  the district at large unless the boundaries of the district are
  expanded under Subchapter G or H.
         SECTION 2.  Section 1116.154, Special District Local Laws
  Code, is amended to read as follows:
         Sec. 1116.154.  [ANNUAL] AUDIT. [(a)]  The board [annually]
  shall require an independent audit of the district's books and
  records as determined necessary by the board, but in no event less
  often than every three years.
         [(b)  Not later than December 1 of each year, the board shall
  file a copy of the audit with: (1) the comptroller; and (2) the
  district.]
         SECTION 3.  Section 1116.155, Special District Local Laws
  Code, is amended to read as follows:
         Sec. 1116.155.  DEPOSITORY. (a)  The board by resolution
  shall select one or more banks inside or outside the district to
  serve [designate a bank in Wood County] as the district's
  depository.  [A designated bank serves for two years and until a
  successor is designated.]
         (b)  All district money, other than money invested as
  provided by Section 1116.156, shall be deposited in the depository
  and secured in the manner provided for securing county funds.
         SECTION 4.  Subchapter D, Chapter 1116, Special District
  Local Laws Code, is amended by adding Section 1116.156 to read as
  follows:
         Sec. 1116.156.  INVESTMENT RESTRICTIONS. The board may
  invest district funds only in funds or securities specified by
  Chapter 2256, Government Code.
         SECTION 5.  Following the effective date of this Act, the
  board shall appoint a temporary director to serve until the date of
  the regular election of directors in 2026.
         SECTION 6.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2025.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 5664 was passed by the House on May
  16, 2025, by the following vote:  Yeas 97, Nays 34, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 5664 was passed by the Senate on May
  28, 2025, by the following vote:  Yeas 30, Nays 1.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor