TO: | Honorable Jim Murphy, Chair, House Committee on Special Purpose Districts |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB4301 by Isaac (Relating to the creation of the Driftwood Conservation District; granting a limited power of eminent domain; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.), As Introduced |
The bill would amend the Special District Local Laws Code establishing the Driftwood Conservation District. The district would have authority for road projects. The district would have authority to issue bonds and other obligations, without an election. The district would have authority to impose an operation and maintenance tax and a contract tax. The district would not have authority to exercise the power of eminent domain.
The bill would take effect immediately if the bill receives a two-thirds vote in each house; otherwise, the bill would take effect September 1, 2017.
Source Agencies: |
LBB Staff: | UP, JGA, GG, BM
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