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TX HB5664
Bill
Status
6/20/2025
Primary Sponsor
Cole Hefner
Click for details
AI Summary
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Expands the Wood County Central Hospital District board from six directors to seven directors elected at large
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Changes the independent audit requirement from annual to at least once every three years, as determined necessary by the board
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Removes the requirement that the district depository must be a bank in Wood County, allowing the board to select one or more banks inside or outside the district
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Adds new investment restrictions requiring district funds to be invested only in funds or securities specified by Chapter 2256, Government Code (the Public Funds Investment Act)
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Requires the board to appoint a temporary director to serve until the regular election of directors in 2026; effective immediately with two-thirds vote or September 1, 2025
Legislative Description
Relating to the operation of Wood County Central Hospital District of Wood County, Texas.
Financial
Last Action
Effective on 9/1/25
6/20/2025