Texas § GV.526.0322 - FINANCIAL STABILIZATION GRANT PROGRAM
Full text of Texas The Texas Constitution § GV.526.0322 — FINANCIAL STABILIZATION GRANT PROGRAM, with citation guidance and answers to common questions.
§ GV.526.0322. FINANCIAL STABILIZATION GRANT PROGRAM
FINANCIAL STABILIZATION GRANT PROGRAM. (a) The commission shall establish a financial stabilization grant program to award grants to support and improve the financial stability of rural hospitals, rural hospital districts, and rural hospital authorities that are determined to be at a moderate or high risk of financial instability. (b) The determination of whether a grant applicant is at a moderate or high risk of financial instability shall be made using the hospital financial needs assessment and financial vulnerability index developed as part of the strategic plan required under Section 526.0301 . (b-1) Notwithstanding Subsection (b), for a grant application received before December 1, 2026, the office shall determine whether the applicant is at a moderate or high risk of financial instability by evaluating data published by the commission regarding the financial stability of rural hospitals, rural hospital districts, and rural hospital authorities. This subsection expires September 1, 2027. (c) The office shall develop a formula to allocate the money available to the commission for grants under this section to rural hospitals, rural hospital districts, and rural hospital authorities that are determined to be at a moderate or high risk of financial instability. The formula may consider: (1) the degree of financial vulnerability of the applicant as determined using the hospital financial needs assessment and financial vulnerability index developed under Section 526.0301 ; (2) whether the applicant is the sole provider of hospital services in the county in which the applicant is located; (3) whether a hospital is located within 35 miles of the applicant's facilities; and (4) any other factors the office determines are relevant to assessing the financial stability of rural hospitals, rural hospital districts, and rural hospital authorities. Added by Acts 2025, 89th Leg., R.S., Ch. 707 (H.B. 18 ), Sec. 4, eff. June 20, 2025.
Frequently Asked Questions About Texas § GV.526.0322
What does The Texas Constitution § GV.526.0322 cover?
Section GV.526.0322 ("FINANCIAL STABILIZATION GRANT PROGRAM") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.526.0322?
A common citation format is "The Texas Constitution § GV.526.0322" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.526.0322 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.