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AN ACT
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relating to the Hunt Memorial Hospital District; authorizing the |
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issuance of bonds. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1044.052, Special District Local Laws |
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Code, is amended to read as follows: |
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Sec. 1044.052. NOTICE OF ELECTION. Notice [At least 10 days
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before the date] of an election of directors[, notice of the
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election] shall be published in accordance with Section 4.003, |
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Election Code, [at least one time] in a newspaper of general |
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circulation in the district. |
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SECTION 2. Section 1044.053, Special District Local Laws |
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Code, is amended to read as follows: |
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Sec. 1044.053. BALLOT APPLICATION [PETITION]. A person who |
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wants to have the person's name printed on the ballot as a candidate |
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for director must file with the board secretary an application in |
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accordance with Chapter 144, Election Code [a petition requesting
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that action.
The petition must:
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[(1)
be signed by at least 25 registered voters who
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reside in the district;
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[(2)
be filed at least 31 days before the date of the
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election; and
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[(3)
specify the county commissioners precinct the
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candidate wants to represent or specify that the candidate wants to
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represent the district at large]. |
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SECTION 3. Section 1044.103, Special District Local Laws |
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Code, is amended to read as follows: |
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Sec. 1044.103. MEDICAL FACILITIES; LEGISLATIVE INTENT. It |
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is the intent of the legislature that the people of Hunt County be |
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provided with the best and most modern health care available. To |
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achieve that intent, the district may locate [provide] a medical or |
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related facility in the city of Commerce, [and] in another area |
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[other areas] of Hunt County, or in another county if the board |
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finds that providing a facility is feasible and in the best interest |
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of district residents. |
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SECTION 4. Subchapter E, Chapter 1044, Special District |
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Local Laws Code, is amended by adding Sections 1044.206, 1044.207, |
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1044.208, and 1044.209 to read as follows: |
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Sec. 1044.206. REVENUE BONDS. (a) The board may issue |
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revenue bonds to: |
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(1) acquire, purchase, construct, repair, renovate, |
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or equip buildings or improvements for hospital purposes; or |
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(2) acquire sites to be used for hospital purposes. |
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(b) The bonds must be payable from and secured by a pledge of |
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all or part of the revenues derived from the operation of the |
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district's hospital system, including district facilities. |
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(c) The bonds may be additionally secured by a mortgage or |
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deed of trust lien on all or part of the district property. |
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(d) The bonds must be issued in the manner and in accordance |
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with the procedures and requirements prescribed by Sections |
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264.042, 264.043, 264.046, 264.047, 264.048, and 264.049, Health |
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and Safety Code, for issuance of revenue bonds by county hospital |
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authorities. |
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Sec. 1044.207. REFUNDING BONDS. (a) The board may issue |
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refunding bonds to refund outstanding indebtedness issued or |
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assumed by the district. |
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(b) A refunding bond may be: |
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(1) sold, with the proceeds of the refunding bond |
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applied to the payment of the outstanding indebtedness; or |
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(2) exchanged wholly or partly for not less than a |
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similar principal amount of outstanding indebtedness. |
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Sec. 1044.208. ADDITIONAL MEANS OF SECURING REPAYMENT OF |
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BONDS. In addition to the authority to issue general obligation |
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bonds and revenue bonds under this subchapter, the board may |
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provide for the security and payment of district bonds from a pledge |
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of a combination of ad valorem taxes as authorized by Section |
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1044.202 and revenue and other sources authorized by Section |
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1044.206. |
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Sec. 1044.209. USE OF BOND PROCEEDS. The district may use |
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the proceeds of bonds issued under this subchapter to pay: |
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(1) any expense the board determines is reasonable and |
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necessary to issue, sell, and deliver the bonds; |
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(2) interest payments on the bonds during a period of |
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acquisition or construction of a project or facility to be provided |
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through the bonds, not to exceed five years; |
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(3) costs related to the financing of the bond funds, |
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including debt service reserve and contingency funds; |
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(4) costs related to the bond issuance; |
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(5) costs related to the acquisition of land or |
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interests in land for a project or facility to be provided through |
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the bonds; and |
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(6) costs of construction of a project or facility to |
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be provided through the bonds, including the payment of related |
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professional services and expenses. |
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SECTION 5. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2015. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 797 was passed by the House on April |
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16, 2015, by the following vote: Yeas 144, Nays 2, 2 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 797 was passed by the Senate on May |
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20, 2015, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |