Bill Text: TX HB594 | 2017-2018 | 85th Legislature | Enrolled
Bill Title: Relating to procedures for the dissolution of a county hospital authority.
Sponsorship: Partisan Bill (Republican 2)
Status: (Passed) 2017-05-26 - Effective immediately [HB594 Detail]
Download: Texas-2017-HB594-Enrolled.html
| H.B. No. 594 | ||
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| relating to procedures for the dissolution of a county hospital | ||
| authority. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter A, Chapter 264, Health and Safety | ||
| Code, is amended by adding Section 264.004 to read as follows: | ||
| Sec. 264.004. DISSOLUTION. (a) The commissioners court of | ||
| a county by order may dissolve an authority created by the | ||
| commissioners court if the commissioners court and the authority | ||
| provide for the sale or transfer of the authority's assets and | ||
| liabilities to the county. | ||
| (b) The dissolution of an authority and the sale or transfer | ||
| of the authority's assets and liabilities may not: | ||
| (1) violate a trust indenture or bond resolution | ||
| relating to the outstanding bonds of the authority; or | ||
| (2) diminish or impair the rights of the holders of | ||
| outstanding bonds, warrants, or other obligations of the authority. | ||
| (c) An order dissolving an authority takes effect on the | ||
| 31st day after the date the commissioners court adopts the order. | ||
| (d) All records of the authority remaining when the | ||
| authority is dissolved shall be transferred to the county clerk of | ||
| the county in which the authority is located. | ||
| SECTION 2. 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, 2017. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I certify that H.B. No. 594 was passed by the House on April | ||
| 20, 2017, by the following vote: Yeas 144, Nays 0, 2 present, not | ||
| voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| I certify that H.B. No. 594 was passed by the Senate on May | ||
| 19, 2017, by the following vote: Yeas 31, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| APPROVED: _____________________ | ||
| Date | ||
| _____________________ | ||
| Governor | ||
