Relating to the creation of Highway 380 Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.
Impact
The introduction of HB 3917 is expected to significantly shape local governance in the area by allowing the district to fund essential public infrastructure projects and provide services that may include water, wastewater, drainage, and recreational facilities. The district does not relieve the city or county of their existing service obligations but rather acts as a supplemental entity to bolster local services and ensure the region can adequately support its growth and development needs.
Summary
House Bill 3917 seeks to establish the Highway 380 Municipal Management District No. 1 in Texas, specifically designed to enhance the region's economic development and management capabilities. The bill outlines the authority for this district to levy assessments, fees, or taxes, as well as the capacity to issue bonds. The creation of this district is considered essential for promoting various public purposes such as commerce, transportation, housing, tourism, and more. The intent is to encourage the overall welfare of residents and businesses while ensuring the provision of necessary public services.
Contention
There are potential points of contention regarding the powers conferred to the district, particularly concerning its authority to impose taxes and assessments without extensive local oversight. Some stakeholders may express concerns about the implications of such financial obligations on property owners within the district, as well as fears of increased taxation or assessment pressures. The bill's framework will require careful implementation to balance the district’s goals for economic enhancement while addressing community concerns regarding governance and financial responsibility.
Identical
Relating to the creation of Highway 380 Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the West Plains Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Prairie View Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Liberty County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Liberty County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.
Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.
Relating to the creation of the West Lake Ranch Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.
Relating to the creation of the Rowlett Waterfront Entertainment Management District; providing authority to impose a tax, levy an assessment, and issue bonds.
Relating to the creation of the Rowlett Waterfront Entertainment Management District; providing authority to impose a tax, levy an assessment, and issue bonds.
Relating to the creation of the Rowlett Waterfront Entertainment Management District; providing authority to impose a tax, levy an assessment, and issue bonds.
Relating to the creation of Highway 380 Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.