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TX SB499
Bill
Status
5/24/2025
Primary Sponsor
Kevin Sparks
Click for details
AI Summary
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Removes the requirement that the West Coke County Hospital District's board of directors select depository banks from within the district's boundaries, allowing the board to choose any bank as a depository for district funds
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Amends Section 1112.155(a) of the Special District Local Laws Code by deleting the phrase "in the district" from the depository bank selection requirements
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Takes effect immediately if approved by two-thirds vote of both legislative chambers; otherwise takes effect September 1, 2025
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Passed the Senate unanimously (29-0) on March 20, 2025, and passed the House (117-11) on May 10, 2025
Legislative Description
Relating to the selection by the board of directors of the West Coke County Hospital District of a depository bank for the district.
Special Districts & Authorities
Last Action
Effective immediately
5/24/2025