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House Bill 1127 |
House Author: Creighton |
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Effective: 6-15-07 |
Senate Sponsor: Nichols |
House Bill 1127 amends the Water Code to authorize certain conservation and reclamation districts located either wholly or in part within Montgomery County to issue bonds supported by property taxes to pay for the development and maintenance of recreational facilities. The bill provides an exception for a district that includes land within a planned community of a specified minimum acreage, of which a majority is subject to restrictive covenants containing property taxes.