BILL ANALYSIS

 

 

Senate Research Center

H.B. 4605

87R13158 JXC-F

By: Bailes (Schwertner)

 

Local Government

 

5/18/2021

 

Engrossed

 

 

 

AUTHOR'S / SPONSOR'S STATEMENT OF INTENT

 

H.B. 4605 amends the Special District Local Laws Code to create the New Waverly Municipal Management District No. 1 to provide certain improvements, projects, and services for public use and benefit. The district's powers and duties include, subject to certain requirements, certain municipal consent and the authority to issue obligations and impose property and operation and maintenance taxes. The bill prohibits the district from exercising the power of eminent domain.

 

H.B. 4605 amends current law relating to the creation of the New Waverly Municipal Management District No. 1 and provides authority to issue bonds and impose assessments, fees, and taxes.

 

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. Amends Subtitle C, Title 4, Special District Local Laws Code, by adding Chapter 3992, as follows:

 

CHAPTER 3992. NEW WAVERLY MUNICIPAL MANAGEMENT DISTRICT NO. 1

 

Sets forth standard language for the creation of the New Waverly Municipal Management District No. 1 (district) in the City of New Waverly (city). Sets forth standards, procedures, requirements, and criteria for:

 

Creation, purpose, and approval of the district (Sections 3992.0101-3992.0109);

 

Size, composition, appointment, compensation, and terms of the board of directors of the district, including the naming of the initial directors (Sections 3992.0201-3992.0205);

 

Powers and duties of the district (Sections 3992.0301-3992.0304);

 

General financial provisions and authority to impose a tax and issue bonds and obligations for the district (Sections 3992.0401-3992.0502); and

 

Prohibits the district from exercising the power of eminent domain.

 

SECTION 2. Sets forth the initial boundaries of the district.

 

SECTION 3. Provides that all requirements of the constitution and the laws of this state and the rules and procedures of the legislature with respect to the notice, introduction, and passage of this Act are fulfilled and accomplished.

 

SECTION 4. Effective date: upon passage or September 1, 2021.