By Horn                                               H.B. No. 3319

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the dissolution of certain development districts.

 1-3           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-4           SECTION 1.  Section 312.639, Tax Code, is amended by adding

 1-5     Subsections (e), (f), and (g) to read as follows:

 1-6           (e)  If five percent of registered voters of a commissioner's

 1-7     precinct in which the district is located who voted in the previous

 1-8     gubernatorial election present a petition to the commissioners

 1-9     court to dissolve the district, the commissioners court shall order

1-10     a dissolution referendum.

1-11           (f)  If all liabilities of the district and all liabilities

1-12     associated with the district have been retired, the ballot must be

1-13     printed to permit voting for or against the proposition:  "The

1-14     _______ County Development District should be dissolved."  If a

1-15     majority of the voters in the election favor the proposition, the

1-16     commissioners court by order shall dissolve the district.

1-17           (g)  If all liabilities of the district and all liabilities

1-18     associated with the district have not been retired, the ballot must

1-19     be printed to permit voting for or against the proposition:

1-20     "Whether the ______ County Development District should be dissolved

1-21     when all liabilities of the district and all liabilities associated

1-22     with the district have been retired."  If a majority of votes in

1-23     the election favor the proposition, the commissioners court by

1-24     order shall:

 2-1                 (1)  limit the district's actions to satisfying

 2-2     existing liabilities and obligations, collecting and liquidating

 2-3     assets, and activities required for winding up its business and

 2-4     affairs; and

 2-5                 (2)  dissolve the district when all of the district's

 2-6     liabilities and liabilities associated with the district have been

 2-7     retired.

 2-8           SECTION 2.  The importance of this legislation and the

 2-9     crowded condition of the calendars in both houses create an

2-10     emergency and an imperative public necessity that the

2-11     constitutional rule requiring bills to be read on three several

2-12     days in each house be suspended, and this rule is hereby suspended,

2-13     and that this Act take effect and be in force from and after its

2-14     passage, and it is so enacted.