87R7971 SMT-D By: Gates H.B. No. 1219 A BILL TO BE ENTITLED AN ACT relating to the dissolution by petition of a municipal management district. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 375.262, Local Government Code, is amended to read as follows: Sec. 375.262. DISSOLUTION BY PETITION BY OWNERS. Except as limited by Section 375.264, the board shall dissolve the district on written petition filed with the board by: (1) in a district created on or after September 1, 2017, the owners of at least two-thirds of the assessed value of the property subject to assessment or taxation by the district based on the most recent certified county property tax rolls; or (2) in a district created before September 1, 2017, the owners of at least 55 percent of the assessed value of the property subject to assessment or taxation by the district based on the most recent certified county property tax rolls. SECTION 2. Section 68.352(b), Water Code, is amended to read as follows: (b) The board shall dissolve the district on written petition filed with the board by the owners of at least two-thirds of the assessed value of the property subject to assessment or taxation by the district based on the most recent certified county property tax rolls [A district may be dissolved as provided by Section 375.262, Local Government Code]. SECTION 3. The changes in law made by this Act apply only to a petition described by Section 375.262, Local Government Code, filed on or after the effective date of this Act. A petition filed before the effective date of this Act is governed by the law in effect on the date the petition was filed, and the former law is continued in effect for that purpose. SECTION 4. This Act takes effect September 1, 2021.