Texas House Bill HB3173

Texas 2017 - 85th Regular

Caption

Relating to the powers of the Harris County Improvement District No. 17 and to the creation of the East Lake Houston Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

Impact

HB3173 impacts state laws by allowing the East Lake Houston Management District to impose property taxes and sales taxes, contingent upon voter approval. This provides a mechanism for funding improvement projects, enhancing the economic climate, and potentially elevating the quality of life for residents in the area. The district's creation is designed to supplement existing city services and develop necessary infrastructure while promoting safe and attractive environments for commerce and community activities. Key provisions include the ability to finance improvement projects and establish user fees related to storm water management.

Summary

House Bill 3173 establishes the East Lake Houston Management District in Texas, providing the district with authority to issue bonds and impose assessments, fees, or taxes. The legislation is intended to support economic development, enhance public safety, and address the needs of local residents and businesses within the district. By creating a special district, the bill aims to facilitate infrastructure improvements and development projects crucial to the area's growth and sustainability. The district's formation is a response to the growing need for organized management of resources in the rapidly developing areas of East Lake Houston.

Sentiment

The general sentiment surrounding HB3173 appears to be supportive among local business stakeholders and government officials who view the establishment of the management district as an opportunity for enhanced economic growth and community development. However, there may be concerns about increased taxation and fiscal accountability from taxpayers, emphasizing a need for transparency and effective management of the district's finances and projects. Local residents may be particularly attentive to how well the new district meets its stated objectives.

Contention

Notable points of contention regarding HB3173 revolve around the authority granted to the district for tax imposition and bond issuance. Critics may argue that the creation of the new district could lead to a burdensome tax structure if not properly managed or controlled, raising concerns about fiscal responsibility and the potential for misallocation of funds. Additionally, the effectiveness of the district in truly serving public interests while balancing the needs of various stakeholders—including residents, local businesses, and government agencies—will be critical as the district begins its operations.