Bill Text: TX HB3333 | 2015-2016 | 84th Legislature | Enrolled

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Bill Title: Relating to the investment of funds by certain municipal hospital authorities.

Sponsorship: Partisan Bill (Republican 2)

Status: (Passed) 2015-06-16 - Effective on 9/1/15 [HB3333 Detail]

Download: Texas-2015-HB3333-Enrolled.html

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H.B. No. 3333

AN ACT
relating to the investment of funds by certain municipal hospital
authorities.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 262.039(a), Health and Safety Code, is
amended to read as follows:
(a) This section applies only to an authority that:
(1) is located in:
(A) a county of 2.4 [3.3] million or more; or
(B) a municipality of less than 15,000;
(2) has assets that exceed the amount of any [no]
outstanding bonds issued under Subchapter D; and
(3) does not [own or] operate a hospital.
SECTION 2. This Act takes effect September 1, 2015.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 3333 was passed by the House on May 5,
2015, by the following vote: Yeas 141, Nays 3, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 3333 was passed by the Senate on May
22, 2015, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor