Texas HB3788 amends municipal hospital authority operations, including bond issuance and director appointments.

Texas HB3788 amends the operations of municipal hospital authorities by allowing them to issue revenue bonds for any purpose, regardless of whether they own or operate a hospital. The bonds must be secured by revenues from hospital operations or other specified initiatives. The bill also modifies the appointment and term of directors, allowing governing bodies to set terms not exceeding two years. If the authority does not own or operate a hospital, the board can use available assets for public health initiatives. The act takes effect September 1, 2025.

Texas HB3788 amends municipal hospital authority operations, including bond issuance and director appointments.

Texas HB3788 amends the operations of municipal hospital authorities by allowing them to issue revenue bonds for any purpose, regardless of whether they own or operate a hospital. The bonds must be secured by revenues from hospital operations or other specified initiatives. The bill also modifies the appointment and term of directors, allowing governing bodies to set terms not exceeding two years. If the authority does not own or operate a hospital, the board can use available assets for public health initiatives. The act takes effect September 1, 2025.