Texas Senate Bill SB1820

Texas 2013 - 83rd Regular

Caption

Relating to the creation of Waller County Improvement District No. 1; providing authority to impose an assessment, impose a tax, and issue bonds.

Impact

The creation of the Waller County Improvement District No. 1 is envisaged to bring significant investment to the area, boosting local employment, commerce, and overall economic activity. The district will be able to fund essential infrastructure improvements such as road enhancements, drainage systems, and recreational facilities, thus promoting a more attractive environment for businesses and residents alike. In addition, local taxing authority allows for the collection of necessary funds to support these efforts, potentially easing the financial burdens on county and city governments.

Summary

SB1820 establishes the Waller County Improvement District No. 1 to facilitate economic growth and public welfare within a designated area in Waller County, Texas. The bill grants powers to the district, including the authority to impose assessments, levy taxes, and issue bonds for various improvements and services. These powers aim to aid in the development of transportation, housing, recreation, and other vital services that would enhance the quality of life for residents in the district. The legislation underscores the intention of the district to supplement, rather than replace, existing municipal and county services.

Contention

While proponents of the bill emphasize its economic benefits, concerns could arise regarding the impact of its taxing authority on the local population. There's also apprehension about how effectively the district will operate without the power of eminent domain, which means it cannot acquire private property without the owner's consent. Additionally, stakeholders may call for transparency and oversight in the financial management of the district, to ensure that funds are used efficiently for the intended public benefits. The balance of economic development and local community needs will likely be a critical discussion point moving forward.