State Codes and Statutes
Statutes > Texas > Human-resources-code > Title-9-health-and-human-services > Chapter-136-texas-community-health-center-revolving-loan-fund
HUMAN RESOURCES CODE
TITLE 9. HEALTH AND HUMAN SERVICES
CHAPTER 136. TEXAS COMMUNITY HEALTH CENTER REVOLVING LOAN FUND
Sec. 136.001. PURPOSE. The legislature finds that:
(1) community health centers play a significant role in the
delivery of medical care and related services to the residents of
this state who cannot afford health insurance;
(2) community health centers are a cost-effective way to provide
primary and preventive health care to populations lacking quality
health care by reducing hospitalizations and the inappropriate
use of emergency rooms;
(3) the financing sources available for the capital needs of
community health centers, such as buildings and equipment, are
inadequate; and
(4) increasing community health centers' access to capital would
benefit residents of this state in poor and underserved
communities and foreign-born residents who are uninsured, by
providing greater access to primary care and preventive health
services and by targeting the common health problems of these
residents.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.002. DEFINITIONS. In this chapter:
(1) "Community health center" means a nonprofit corporation in
this state that:
(A) provides required primary health services, including:
(i) basic health services;
(ii) referrals to providers of medical services;
(iii) patient case management services;
(iv) outreach; and
(v) patient education; and
(B) has a governing board that:
(i) is composed of individuals, a majority of whom are being
served by the community health centers; and
(ii) represents the individuals being served by the community
health center.
(2) "Commission" means the Health and Human Services Commission.
(3) "Development corporation" means a nonprofit corporation
that:
(A) provides revolving loan funds to community health centers;
(B) accepts gifts and grants;
(C) seeks funding from various government and private sources;
and
(D) associates with a broad-based organization serving community
health centers.
(4) "Fund" means the community health center revolving loan fund
established by this chapter.
(5) "Program" means the loan program authorized by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.003. TRUST FUND. (a) The community health center
revolving loan fund is a trust fund outside the state treasury
held by a financial institution and administered by the
commission as trustee on behalf of community health centers in
this state.
(b) The fund is composed of:
(1) money appropriated to the fund by the legislature;
(2) gifts or grants received from public or private sources; and
(3) income from other money in the fund.
(c) The commission may accept on behalf of the fund gifts and
grants for the use and benefit of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.004. DEVELOPMENT CORPORATION. The commission shall
contract with and award money to a development corporation to
carry out the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.005. INVESTMENT COMMITTEE. (a) Before contracting
with a development corporation, the commission shall require the
development corporation to establish an investment committee to
approve loan requests of community health centers.
(b) The investment committee must consist of seven members as
follows:
(1) at least two members with lending experience;
(2) at least two members who receive health care services from a
community health center; and
(3) at least one member who represents the Texas Association of
Community Health Centers, Inc.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.006. LOANS TO COMMUNITY HEALTH CENTERS. (a) The
development corporation may make a loan to a community health
center only with the approval of the investment committee.
(b) The development corporation shall use at least 60 percent of
the money received under the program for loans to community
health centers in existence for at least one year before the loan
date.
(c) A loan made by the development corporation may be
subordinated debt.
(d) The development corporation may make a loan under the
program through a partnership or joint investment with one or
more financial institutions or federal or state programs.
(e) Payments on community health center loans shall be made to
the development corporation. The development corporation shall
use the loan payment money received from community health centers
to make new loans as provided by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.007. SELF-FUNDING. The commission shall develop the
fund program as a revolving loan fund that will become
self-funding over the life of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.008. INCOME FROM LOAN. All income received on a loan
made with money received under the program is the property of the
development corporation. Income received on a loan includes the
payment of interest by a borrower and the administrative fees
assessed by the development corporation.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.009. RULES. (a) The commission shall adopt rules to
administer this chapter, including rules that require:
(1) the commission to review the lending and servicing practices
of a development corporation to ensure the practices conform to
generally accepted accounting principles;
(2) an eligible community health center to enter into an
agreement with the development corporation that states the terms
of the loan made to the center;
(3) the development corporation to provide to the commission
semiannual reports giving details of the status of each loan made
under the program;
(4) the development corporation to require annual audits of
community health centers receiving loans under the program; and
(5) the commission to provide oversight of the development
corporation as necessary to qualify the development corporation
for loan guarantees from federal and state programs.
(b) Under rules adopted by the commission, the development
corporation may:
(1) make grants to eligible community health centers from money
other than money that is received from the fund and that was
derived from a legislative appropriation; or
(2) seek funds from state or federal agencies or private sources
to supplement and complement the funds received under the
program.
(c) The commission may adopt other rules as necessary to
accomplish the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
State Codes and Statutes
Statutes > Texas > Human-resources-code > Title-9-health-and-human-services > Chapter-136-texas-community-health-center-revolving-loan-fund
HUMAN RESOURCES CODE
TITLE 9. HEALTH AND HUMAN SERVICES
CHAPTER 136. TEXAS COMMUNITY HEALTH CENTER REVOLVING LOAN FUND
Sec. 136.001. PURPOSE. The legislature finds that:
(1) community health centers play a significant role in the
delivery of medical care and related services to the residents of
this state who cannot afford health insurance;
(2) community health centers are a cost-effective way to provide
primary and preventive health care to populations lacking quality
health care by reducing hospitalizations and the inappropriate
use of emergency rooms;
(3) the financing sources available for the capital needs of
community health centers, such as buildings and equipment, are
inadequate; and
(4) increasing community health centers' access to capital would
benefit residents of this state in poor and underserved
communities and foreign-born residents who are uninsured, by
providing greater access to primary care and preventive health
services and by targeting the common health problems of these
residents.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.002. DEFINITIONS. In this chapter:
(1) "Community health center" means a nonprofit corporation in
this state that:
(A) provides required primary health services, including:
(i) basic health services;
(ii) referrals to providers of medical services;
(iii) patient case management services;
(iv) outreach; and
(v) patient education; and
(B) has a governing board that:
(i) is composed of individuals, a majority of whom are being
served by the community health centers; and
(ii) represents the individuals being served by the community
health center.
(2) "Commission" means the Health and Human Services Commission.
(3) "Development corporation" means a nonprofit corporation
that:
(A) provides revolving loan funds to community health centers;
(B) accepts gifts and grants;
(C) seeks funding from various government and private sources;
and
(D) associates with a broad-based organization serving community
health centers.
(4) "Fund" means the community health center revolving loan fund
established by this chapter.
(5) "Program" means the loan program authorized by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.003. TRUST FUND. (a) The community health center
revolving loan fund is a trust fund outside the state treasury
held by a financial institution and administered by the
commission as trustee on behalf of community health centers in
this state.
(b) The fund is composed of:
(1) money appropriated to the fund by the legislature;
(2) gifts or grants received from public or private sources; and
(3) income from other money in the fund.
(c) The commission may accept on behalf of the fund gifts and
grants for the use and benefit of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.004. DEVELOPMENT CORPORATION. The commission shall
contract with and award money to a development corporation to
carry out the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.005. INVESTMENT COMMITTEE. (a) Before contracting
with a development corporation, the commission shall require the
development corporation to establish an investment committee to
approve loan requests of community health centers.
(b) The investment committee must consist of seven members as
follows:
(1) at least two members with lending experience;
(2) at least two members who receive health care services from a
community health center; and
(3) at least one member who represents the Texas Association of
Community Health Centers, Inc.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.006. LOANS TO COMMUNITY HEALTH CENTERS. (a) The
development corporation may make a loan to a community health
center only with the approval of the investment committee.
(b) The development corporation shall use at least 60 percent of
the money received under the program for loans to community
health centers in existence for at least one year before the loan
date.
(c) A loan made by the development corporation may be
subordinated debt.
(d) The development corporation may make a loan under the
program through a partnership or joint investment with one or
more financial institutions or federal or state programs.
(e) Payments on community health center loans shall be made to
the development corporation. The development corporation shall
use the loan payment money received from community health centers
to make new loans as provided by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.007. SELF-FUNDING. The commission shall develop the
fund program as a revolving loan fund that will become
self-funding over the life of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.008. INCOME FROM LOAN. All income received on a loan
made with money received under the program is the property of the
development corporation. Income received on a loan includes the
payment of interest by a borrower and the administrative fees
assessed by the development corporation.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.009. RULES. (a) The commission shall adopt rules to
administer this chapter, including rules that require:
(1) the commission to review the lending and servicing practices
of a development corporation to ensure the practices conform to
generally accepted accounting principles;
(2) an eligible community health center to enter into an
agreement with the development corporation that states the terms
of the loan made to the center;
(3) the development corporation to provide to the commission
semiannual reports giving details of the status of each loan made
under the program;
(4) the development corporation to require annual audits of
community health centers receiving loans under the program; and
(5) the commission to provide oversight of the development
corporation as necessary to qualify the development corporation
for loan guarantees from federal and state programs.
(b) Under rules adopted by the commission, the development
corporation may:
(1) make grants to eligible community health centers from money
other than money that is received from the fund and that was
derived from a legislative appropriation; or
(2) seek funds from state or federal agencies or private sources
to supplement and complement the funds received under the
program.
(c) The commission may adopt other rules as necessary to
accomplish the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
State Codes and Statutes
Statutes >
Texas >
Human-resources-code >
Title-9-health-and-human-services >
Chapter-136-texas-community-health-center-revolving-loan-fund HUMAN RESOURCES CODE
TITLE 9. HEALTH AND HUMAN SERVICES
CHAPTER 136. TEXAS COMMUNITY HEALTH CENTER REVOLVING LOAN FUND
Sec. 136.001. PURPOSE. The legislature finds that:
(1) community health centers play a significant role in the
delivery of medical care and related services to the residents of
this state who cannot afford health insurance;
(2) community health centers are a cost-effective way to provide
primary and preventive health care to populations lacking quality
health care by reducing hospitalizations and the inappropriate
use of emergency rooms;
(3) the financing sources available for the capital needs of
community health centers, such as buildings and equipment, are
inadequate; and
(4) increasing community health centers' access to capital would
benefit residents of this state in poor and underserved
communities and foreign-born residents who are uninsured, by
providing greater access to primary care and preventive health
services and by targeting the common health problems of these
residents.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.002. DEFINITIONS. In this chapter:
(1) "Community health center" means a nonprofit corporation in
this state that:
(A) provides required primary health services, including:
(i) basic health services;
(ii) referrals to providers of medical services;
(iii) patient case management services;
(iv) outreach; and
(v) patient education; and
(B) has a governing board that:
(i) is composed of individuals, a majority of whom are being
served by the community health centers; and
(ii) represents the individuals being served by the community
health center.
(2) "Commission" means the Health and Human Services Commission.
(3) "Development corporation" means a nonprofit corporation
that:
(A) provides revolving loan funds to community health centers;
(B) accepts gifts and grants;
(C) seeks funding from various government and private sources;
and
(D) associates with a broad-based organization serving community
health centers.
(4) "Fund" means the community health center revolving loan fund
established by this chapter.
(5) "Program" means the loan program authorized by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.003. TRUST FUND. (a) The community health center
revolving loan fund is a trust fund outside the state treasury
held by a financial institution and administered by the
commission as trustee on behalf of community health centers in
this state.
(b) The fund is composed of:
(1) money appropriated to the fund by the legislature;
(2) gifts or grants received from public or private sources; and
(3) income from other money in the fund.
(c) The commission may accept on behalf of the fund gifts and
grants for the use and benefit of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.004. DEVELOPMENT CORPORATION. The commission shall
contract with and award money to a development corporation to
carry out the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.005. INVESTMENT COMMITTEE. (a) Before contracting
with a development corporation, the commission shall require the
development corporation to establish an investment committee to
approve loan requests of community health centers.
(b) The investment committee must consist of seven members as
follows:
(1) at least two members with lending experience;
(2) at least two members who receive health care services from a
community health center; and
(3) at least one member who represents the Texas Association of
Community Health Centers, Inc.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.006. LOANS TO COMMUNITY HEALTH CENTERS. (a) The
development corporation may make a loan to a community health
center only with the approval of the investment committee.
(b) The development corporation shall use at least 60 percent of
the money received under the program for loans to community
health centers in existence for at least one year before the loan
date.
(c) A loan made by the development corporation may be
subordinated debt.
(d) The development corporation may make a loan under the
program through a partnership or joint investment with one or
more financial institutions or federal or state programs.
(e) Payments on community health center loans shall be made to
the development corporation. The development corporation shall
use the loan payment money received from community health centers
to make new loans as provided by this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.007. SELF-FUNDING. The commission shall develop the
fund program as a revolving loan fund that will become
self-funding over the life of the program.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.008. INCOME FROM LOAN. All income received on a loan
made with money received under the program is the property of the
development corporation. Income received on a loan includes the
payment of interest by a borrower and the administrative fees
assessed by the development corporation.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
Sec. 136.009. RULES. (a) The commission shall adopt rules to
administer this chapter, including rules that require:
(1) the commission to review the lending and servicing practices
of a development corporation to ensure the practices conform to
generally accepted accounting principles;
(2) an eligible community health center to enter into an
agreement with the development corporation that states the terms
of the loan made to the center;
(3) the development corporation to provide to the commission
semiannual reports giving details of the status of each loan made
under the program;
(4) the development corporation to require annual audits of
community health centers receiving loans under the program; and
(5) the commission to provide oversight of the development
corporation as necessary to qualify the development corporation
for loan guarantees from federal and state programs.
(b) Under rules adopted by the commission, the development
corporation may:
(1) make grants to eligible community health centers from money
other than money that is received from the fund and that was
derived from a legislative appropriation; or
(2) seek funds from state or federal agencies or private sources
to supplement and complement the funds received under the
program.
(c) The commission may adopt other rules as necessary to
accomplish the purposes of this chapter.
Added by Acts 2001, 77th Leg., ch. 878, Sec. 1, eff. Sept. 1,
2001.
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