SRC-VRA S.B. 5 78(R)BILL ANALYSIS Senate Research CenterS.B. 5 By: Averitt Intergovernmental Relations 6/16/2003 Enrolled DIGEST AND PURPOSE Currently, the Johnson County Rural Water Supply Corporation (JCRWSC) provides water service within Johnson, Tarrant, Ellis, and Hill counties. JCRWSC is interested in becoming a special utility district, primarily to avail itself of the favorable and expanded opportunities for financing and tax exemption. S.B. 5 creates a conservation and reclamation district known as the Johnson County Special Utility District. RULEMAKING AUTHORITY Rulemaking authority is expressly granted to the Johnson County Special Utility District in SECTION 11 of this bill. SECTION BY SECTION ANALYSIS SECTION 1. CREATION. SECTION 2. DEFINITION. SECTION 3. BOUNDARIES. SECTION 4. FINDINGS RELATING TO BOUNDARIES. SECTION 5. FINDING OF BENEFIT. SECTION 6. POWERS. SECTION 7. REGULATORY CONFLICTS. SECTION 8. BOARD OF DIRECTORS. SECTION 9. TEMPORARY BOARD OF DIRECTORS. SECTION 10. CONFIRMATION AND INITIAL DIRECTORS' ELECTION. SECTION 11. ADOPTING RULES. SECTION 12. FINDINGS RELATING TO PROCEDURAL REQUIREMENTS. SECTION 13. Effective date: upon passage or September 1, 2003.