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.