Texas House Bill HB2441

Texas 2009 - 81st Regular

• Out of House Committee: 4/24/09

Caption

Relating to the authority of conservation and reclamation districts in Hays County to issue bonds supported by ad valorem taxes to fund the development and maintenance of recreational facilities.

Impact

This legislation is significant as it modifies existing statutes concerning the financing of parks and recreational facilities, specifically enabling districts in Hays County to manage funds through bonds without state funding. The passage of HB2441 could lead to increased investment in local recreational infrastructure, providing residents and visitors with enhanced public facilities while potentially improving community engagement through the voting process required for bond approval. Furthermore, this aligns with broader state efforts to promote local recreational development amidst rising population demands.

Summary

House Bill 2441 is proposed legislation that grants conservation and reclamation districts in Hays County the authority to issue bonds supported by ad valorem taxes specifically for the purpose of funding the development and maintenance of recreational facilities. These bonds can only be issued if authorized by a majority vote from the qualified voters in the district during a designated election, highlighting the importance of local governance and community consent in financial matters impacting public resources. The bill sets a financial limitation on the outstanding principal amount of such bonds, which cannot exceed one percent of the taxable property value within the district at the time of bond issuance or an amount greater than what is estimated for park development outlined in the district's park plan.

Contention

Despite its potential benefits, HB2441 may face scrutiny regarding the fiscal responsibility of utilizing ad valorem taxes to support bond issuance. Critics could raise concerns about the increased tax burden on property owners within these districts, especially if the costs associated with the development and maintenance of recreational facilities are improperly managed. Additionally, the legislation explicitly excludes the financing of certain facilities such as indoor or outdoor swimming pools and golf courses, which may lead to debates about prioritization of recreational needs and the types of facilities that should be funded through public investment.