By Horn H.B. No. 3319 75R7109 SKB-D 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 the district who 1-7 voted in the previous gubernatorial election present a petition to 1-8 the commissioners court to dissolve the district, the commissioners 1-9 court shall order a dissolution referendum. 1-10 (f) If all liabilities of the district and all liabilities 1-11 associated with the district have been retired, the ballot must be 1-12 printed to permit voting for or against the proposition: "The 1-13 _______ County Development District should be dissolved." If a 1-14 majority of the voters in the election favor the proposition, the 1-15 commissioners court by order shall dissolve the district. 1-16 (g) If all liabilities of the district and all liabilities 1-17 associated with the district have not been retired, the ballot must 1-18 be printed to permit voting for or against the proposition: 1-19 "Whether the ______ County Development District should be dissolved 1-20 when all liabilities of the district and all liabilities associated 1-21 with the district have been retired." If a majority of votes in 1-22 the election favor the proposition, the commissioners court by 1-23 order shall: 1-24 (1) limit the district's actions to satisfying 2-1 existing liabilities and obligations, collecting and liquidating 2-2 assets, and activities required for winding up its business and 2-3 affairs; and 2-4 (2) dissolve the district when all of the district's 2-5 liabilities and liabilities associated with the district have been 2-6 retired. 2-7 SECTION 2. The importance of this legislation and the 2-8 crowded condition of the calendars in both houses create an 2-9 emergency and an imperative public necessity that the 2-10 constitutional rule requiring bills to be read on three several 2-11 days in each house be suspended, and this rule is hereby suspended, 2-12 and that this Act take effect and be in force from and after its 2-13 passage, and it is so enacted.