SRC-VRA S.B. 1918 78(R) BILL ANALYSIS Senate Research Center S.B. 1918 78R12259 MXM-FBy: Armbrister Intergovernmental Relations 5/4/2003 As Filed DIGEST AND PURPOSE As proposed, S.B. 1918 creates the Katy Towne Centre Development District. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. CREATION OF DISTRICT. SECTION 2. DECLARATION OF INTENT. SECTION 3. DEFINITIONS. SECTION 4. BOUNDARIES. SECTION 5. FINDINGS RELATING TO BOUNDARIES. SECTION 6. FINDINGS OF BENEFIT AND PUBLIC PURPOSE. SECTION 7. FINDINGS RELATED TO REDEVELOPMENT. SECTION 8. ELIGIBILITY FOR REINVESTMENT ZONES. SECTION 9. APPLICATION OF OTHER LAW. SECTION 10. CONSTRUCTION OF ACT. SECTION 11. BOARD OF DIRECTORS; TERMS. SECTION 12. APPOINTMENT. SECTION 13. VACANCIES. SECTION 14. POWERS OF DISTRICT. SECTION 15. AGREEMENTS; GRANTS. SECTION 16. LAW ENFORCEMENT SERVICES. SECTION 17. AUTHORITY TO IMPOSE AD VALOREM TAXES, ASSESSMENTS, AND IMPACT FEES. SECTION 18. ELECTIONS REGARDING TAXES OR BONDS. SECTION 19. MAINTENANCE TAX. SECTION 20. ASSESSMENTS; PETITION REQUIRED FOR FINANCING SERVICES AND IMPROVEMENTS. SECTION 21. TAX INCREMENT FINANCING POWERS. SECTION 22. OBLIGATIONS. SECTION 23. INITIAL DIRECTORS. SECTION 24. ADDITIONAL LEGISLATIVE FINDINGS. SECTION 25. EFFECTIVE DATE. Effective upon passage or September 1, 2003.