By: VanDeaver (Senate Sponsor - Hughes) H.B. No. 594
(In the Senate - Received from the House April 24, 2017;
May 12, 2017, read first time and referred to Committee on
Intergovernmental Relations; May 18, 2017, reported favorably by
the following vote: Yeas 7, Nays 0; May 18, 2017, sent to
printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
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.
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