Texas Senate Bill SB2450

Texas 2019 - 86th Regular

Caption

Relating to the powers and duties of the Brazoria County Municipal Utility District No. 43; providing authority to issue bonds; providing authority to impose a tax.

Impact

The bill enables the Brazoria County Municipal Utility District No. 43 to issue bonds that may be funded through various means including ad valorem taxes and other district revenues. However, any bonds issued that are to be financed through ad valorem taxes must receive approval from a two-thirds majority of district voters, ensuring local democratic oversight. This measure effectively centralizes infrastructure funding within the district, allowing for more efficient management and procurement of resources to address road maintenance and construction needs.

Summary

SB2450 pertains to the Brazoria County Municipal Utility District No. 43, providing it with the authority to issue bonds and to impose taxes to fund road projects and other obligations. The bill outlines the powers and duties of the district, emphasizing the management and operation of infrastructure related to roads, storm drainage, and related improvements. This legislation aims to enhance the existing capabilities of the municipal utility district, facilitating the financing and development of necessary public works.

Contention

Potential points of contention may arise regarding the fiscal implications of increased taxation to finance bond issuances. While proponents argue that improved infrastructure is essential for community development, opponents might raise concerns about the financial burden placed on residents through new taxation. Furthermore, the capacity for voters to influence major financial decisions through required elections could be a contentious topic, particularly if concerns about transparency and accountability in the district's operations are voiced.