Enrolled Bill Summary
Legislative Session: 80(R)|
House Bill 4080 |
House Author: Talton |
|
Effective: 6-15-07 |
Senate Sponsor: Jackson, Mike |
House Bill 4080 amends the Special District Local Laws Code to create the Harris County Municipal Utility District No. 509, subject to voter approval at a confirmation election. The bill grants the district the power to undertake certain road projects. With voter approval, the district may impose ad valorem taxes and issue bonds payable from such taxes. Combined bonds and obligations for road projects may not exceed one-fourth of the assessed value of the real property in the district.