Texas HB5664 amends the operation of Wood County Central Hospital District by adjusting board size, audit frequency, investment restrictions, and.
Texas HB5664 modifies the governance of Wood County Central Hospital District. It reduces the board size from seven to six directors, elected from the district at large. The board must now conduct an independent audit of the district's books and records at least every three years. Investment restrictions are introduced, allowing the board to invest district funds only in funds or securities specified by Chapter 2256, Government Code. Following the effective date of this Act, the board is required to appoint a temporary director to serve until the regular election of directors in 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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