Texas Senate Bill SB2492

Texas 2019 - 86th Regular

Caption

Relating to the powers and duties of the Fort Bend County Municipal Utility District No. 195; providing authority to issue bonds; providing authority to impose a tax.

Impact

This bill significantly impacts state laws governing municipal utility districts by specifically enabling them to finance road projects through bond issuance. The district may levy a tax dedicated to this purpose, provided that a two-thirds majority of local voters approve the bond issuance at an election. The provisions included in this bill ensure that all road projects must comply with applicable construction standards and regulations set forth by local municipalities, which ensures a level of accountability and oversight regarding development practices.

Summary

Senate Bill 2492 concerns the Fort Bend County Municipal Utility District No. 195 and aims to expand its powers and duties related to infrastructure projects, specifically road construction and maintenance. The bill allows the district to issue bonds and impose taxes to finance these projects, thereby providing a framework for the procurement of funds necessary for essential road improvements. By doing so, the legislation seeks to facilitate better infrastructure development within the district, crucial for meeting the needs of a growing population.

Contention

Some notable points of contention surrounding SB 2492 may include the extent of the authority granted to the district, particularly regarding tax imposition and bond issuance. Critics may argue that allowing a municipal utility district this level of financial power could lead to burdensome taxation without sufficient oversight. In contrast, proponents would assert that these measures are necessary for developing infrastructure efficiently in response to local needs, especially as urban areas expand.

Additional_points

Furthermore, the bill retains all existing rights previously held by the Fort Bend County Municipal Utility District No. 195, potentially streamlining operations while enhancing its capacity for future projects. It also validates prior government actions taken by the district, ensuring continuity of governance and clarity in the application of the law.