Texas Senate Bill SB1916

Texas 2013 - 83rd Regular

Caption

Relating to the authority of the Dallas County Hospital District or a nonprofit corporation formed by the district regarding certain technology or intellectual property owned by or licensed to the district or corporation.

Impact

The introduction of SB1916 represents a significant shift in the operational authority of the Dallas County Hospital District. By permitting the district to engage in transactions involving intellectual property, the bill allows for potentially increased revenue streams through royalties or licensing fees. This could enhance healthcare services provided by the district, as funds generated could be reinvested into healthcare programs or technological advancements.

Summary

SB1916 grants the Dallas County Hospital District and its associated nonprofit corporations the authority to sell or license technology and intellectual property that they own or have licensed. This includes the ability to enter contracts related to these technologies, collaborate with public and private entities, and take necessary actions to protect their intellectual property rights. The bill aims to enhance the Hospital District's capacity to capitalize on its technological developments effectively.

Contention

While SB1916 provides enhanced capabilities for the Dallas County Hospital District, there may be concerns regarding transparency and public awareness due to the exemption of information related to the intellectual property from public disclosure as stipulated in the bill. Critics might argue that such exemptions can lead to a lack of accountability and oversight in how the district manages and monetizes its intellectual properties.