Texas Senate Bill SB2548

Texas 2009 - 81st Regular

Caption

Relating to the creation of Austin Desired Development Zone District No. 4; providing authority to levy an assessment, impose taxes, and issue bonds; granting a limited power of eminent domain.

Impact

The establishment of this district is asserted to be essential for addressing economic challenges in the region, particularly in areas identified as underdeveloped or in need of revitalization. By enabling the district to manage funding for essential services and improvements, the bill aims to attract private investment as well as provide necessary public infrastructure. Additionally, the district will have the ability to levy a sales and use tax, which, following an election and majority voter approval, can directly support the district's projects.

Summary

SB2548 proposes the creation of the Austin Desired Development Zone District No. 4, a special district designed to promote economic development, housing, transportation, tourism, and public welfare in the designated area. This bill enhances the authority of the district allowing it to levy assessments, impose taxes, issue bonds, and exercise limited powers of eminent domain. The implications of such authority include empowering the district to initiate and support various infrastructure projects that could benefit the local economy.

Contention

Notable points of contention may arise around the district's powers, especially the authority to exercise eminent domain. Concerns could be voiced regarding the implications for landowners within the district and the potential for disagreements about the use of public funds for private benefit. Furthermore, the ability to impose taxes without an immediate election could also elicit criticisms from those who feel that local governance should retain greater control over taxation processes.