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BILL ANALYSIS

 

 

 

H.B. 3758

By: Farrar

Urban Affairs

Committee Report (Unamended)

 

 

 

BACKGROUND AND PURPOSE

 

Municipal management districts are created to promote, develop, encourage, and maintain employment, commerce, economic development, and the public welfare in the commercial areas of municipalities and metropolitan areas of the state. Interested parties have recently raised concerns regarding the financial transparency of these districts and contend that the districts' books, records, and certain other information should be public information. The goal of H.B. 3758 is to address these concerns and make management districts more financially transparent.

 

RULEMAKING AUTHORITY

 

It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.

 

ANALYSIS

 

H.B. 3758 amends the Local Government Code to require a municipal management district, within 14 days of a written request, to make available for investigation, during business hours, the district's relevant books, records of account, and minutes.

 

EFFECTIVE DATE

 

September 1, 2013.