78R6904 DRH-D

By:  Geren                                                        H.B. No. 2924


A BILL TO BE ENTITLED
AN ACT
relating to the addition of territory to a public improvement district. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 372, Local Government Code, is amended by adding Section 372.0125 to read as follows: Sec. 372.0125. ADDITION OF TERRITORY. (a) A municipality may add territory in the municipality or the extraterritorial jurisdiction of the municipality to a public improvement district created by the municipality only if requested by a petition signed by: (1) owners of taxable real property representing more than 50 percent of the appraised value of taxable real property liable for assessment in the area to be added, as determined by the current roll of the appraisal district in which the property is located; and (2) record owners of real property liable for assessment in the area to be added who: (A) constitute more than 50 percent of all record owners of property that is liable for assessment in the area to be added; or (B) own taxable real property that constitutes more than 50 percent of the area of all taxable real property that is liable for assessment in the area to be added. (b) A county may add territory in the county to a public improvement district created by the county only if requested by a petition signed by: (1) owners of taxable real property representing more than 50 percent of the appraised value of taxable real property liable for assessment in the area to be added, as determined by the current roll of the appraisal district in which the property is located; and (2) record owners of real property liable for assessment in the area to be added who: (A) constitute more than 50 percent of all record owners of property that is liable for assessment in the area to be added; or (B) own taxable real property that constitutes more than 50 percent of the area of all taxable real property that is liable for assessment in the area to be added. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2003.