Texas Senate Bill SB2249

Texas 2017 - 85th Regular

Caption

Relating to the creation of the East Lake Houston Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

Impact

The bill's passage would allow voters within the district to approve the imposition of an ad valorem tax or sales tax for funding capital projects and operations of the district. This tax structure is designed to ensure that the funding aligns with the needs and preferences of local residents, establishing a mechanism for direct public accountability. Furthermore, the improvements and services rendered by the district would provide benefits not just to property owners but to the general community as well, addressing employment, safety, and recreational needs.

Summary

Senate Bill 2249 proposes the establishment of the East Lake Houston Management District, a special district designed to facilitate various economic and community development goals. The legislation aims to provide the district with the authority to issue bonds and impose assessments, fees, or taxes that will fund necessary improvements and services within its boundaries. By creating this district, the law intends to enhance aspects such as commerce, transportation, housing, and public welfare, ultimately aiming to uplift the overall quality of life in the region.

Contention

However, notable points of contention may arise concerning the district's power to impose taxes and assessments. Critics may voice concerns over the potential for increased financial burdens on local property owners, particularly if the imposed taxes are perceived as excessive. Additionally, there may be discussions around the district's governance, particularly regarding the qualifications and appointment processes of the board of directors, which must serve the interests of a diverse community while ensuring effective management and representation for local interests.