SRC-JLB H.B. 2533 78(R) BILL ANALYSIS Senate Research Center H.B. 2533 By: Brown, Betty (Staples) Natural Resources 5/5/2003 Engrossed DIGEST AND PURPOSE Currently, no municipal development district (MDD) exists near Cedar Creek Lake in Henderson County. H.B. 2533 creates an MDD near Cedar Creek Lake in Henderson County. The Lake View Management and Development District would have powers granted to MDDs, including the authority to impose taxes, issue bonds, and the power of eminent domain. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS Provides for the creation of the Lake View Management and Development District with the following provisions: SECTION 1. CREATION AND NAMING OF DISTRICT; CONTROLLING LAW. SECTION 2. DEFINITIONS. SECTION 3. BOUNDARIES. SECTION 4. FINDINGS RELATING TO BOUNDARIES. SECTION 5. LEGISLATIVE DECLARATIONS AND FINDINGS. SECTION 6. CONSTRUCTION OF ACT. SECTION 7. GENERAL POWERS AND DUTIES. SECTION 8. BOARD OF DIRECTORS; ELIGIBILITY. SECTION 9. VACANCY. SECTION 10. DIRECTOR'S BOND; OATH. SECTION 11. OFFICERS. SECTION 12. COMPENSATION. SECTION 13. QUORUM. SECTION 14. DISTRICT CONFIRMATION ELECTION. SECTION 15. IMPROVEMENT PROJECTS. SECTION 16. POWERS RELATED GENERALLY TO CONTRACTS AND FINANCIAL MATTERS. SECTION 17. RULES. SECTION 18. ADDITION OR REMOVAL OF TERRITORY. SECTION 19. EMINENT DOMAIN. SECTION 20. NONPROFIT CORPORATION. SECTION 21. ECONOMIC DEVELOPMENT. SECTION 22. TERMS OF EMPLOYMENT; COMPENSATION. SECTION 23. USE OF ROADWAYS, PARKS, OTHER PUBLIC AREAS OF THE DISTRICT. SECTION 24. ZONING BY COUNTY. SECTION 25. IMPACT FEES AND ASSESSMENTS. SECTION 26. OPERATION AND MAINTENANCE TAX; ELECTION. SECTION 27. TAX LEVY FOR BONDS AND OTHER OBLIGATIONS. SECTION 28. LIMITED SALES AND USE TAX. SECTION 29. HOTEL OCCUPANCY TAX. SECTION 30. USE OF HOTEL OCCUPANCY TAX. SECTION 31. BONDS AND OTHER OBLIGATIONS. SECTION 32. DISSOLUTION. SECTION 33. ADDITIONAL LEGISLATIVE FINDINGS. SECTION 34. EFFECTIVE DATE.