Texas 2017 - 85th Regular

Texas Senate Bill SB2266

Caption

Relating to the creation of the Stadium Park Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

Impact

The introduction of SB2266 is expected to impact the existing framework of state and local laws concerning district governance. The bill authorizes the issuance of bonds, enabling the district to secure funding for improvements which will be crucial for enhancing public utilities and services. Furthermore, the bill stipulates that any proposed ad valorem taxes or assessments must be approved by a majority of the district voters, ensuring local residents have a say in the financial obligations they incur. This democratic approach aims to foster community involvement and transparency in the financial aspects of the district.

Summary

SB2266 proposes the creation of the Stadium Park Management District, which aims to facilitate economic development and management of public services within the designated area, primarily focusing on enhancing the stadium and park facilities. The bill allows the district to impose assessments, fees, or taxes to finance various improvement projects deemed necessary for the district's functionality and effectiveness. This bill is particularly crucial for enabling the district to manage resources more effectively as it relates to local infrastructure, tourism, and recreation initiatives.

Contention

Contested points primarily revolve around the authority granted to the district, particularly concerning the imposition of taxes and the management of public funds. Some legislators and citizens express concerns about potential overreach and are worried that the creation of such a management district could lead to a dilution of local governance, as powers currently held by local municipalities may be transferred to this newly formed district. The balancing act between improving economic prospects and maintaining local control forms the crux of discussions surrounding SB2266.

Companion Bills

No companion bills found.

Previously Filed As

TX HB5372

Relating to the creation of The Grand Prairie Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB5363

Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX HB5399

Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2615

Relating to the creation of the Jones Avenue Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2594

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.

TX HB5351

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.

TX HB5375

Relating to the creation of the Montgomery County Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

TX SB2154

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.

TX HB5355

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.

TX HB5282

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

Similar Bills

TX SB2611

Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.

TX SB2167

Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.

TX SB2424

Relating to the creation of the Missouri City Redevelopment District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

TX HB4186

Relating to the creation of the East Lake Houston Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

TX SB390

Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.

TX SB2911

Relating to the creation of the Northeast Houston Redevelopment District; providing authority to issue bonds; providing authority to impose assessments or fees.

TX SB1098

Relating to the creation of the Padre Isles Management District; providing authority to issue bonds.

TX HB4290

Relating to the creation of the Stadium Park Management District; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.