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.