Enrolled Bill Summary

House Bill 2533 creates the Lake View Management and Development District in Henderson County and provides for its administration, powers, duties, operation, membership on the board of directors, and financing. The bill authorizes the district to impose a tax for operation and maintenance purposes; impose an ad valorem tax and issue bonds to provide certain improvements and services; and impose, repeal, or amend the rate of a hotel occupancy tax. The bill also provides the district the power of eminent domain.