Texas House Bill HB4630

Texas 2021 - 87th Regular

Caption

Relating to the creation of the Parker County Municipal Management District No. 2; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

Impact

The proposed district is created under the Special District Local Laws Code and will work in conjunction with existing municipal and county frameworks. The legislation clarifies that the district's creation does not relieve the county or city from providing basic services but rather serves to supplement them. This dual structure promotes local governance while encouraging economic initiatives tailored to the unique needs of the Parker County community, focusing on sustainability and public welfare.

Summary

House Bill 4630 establishes the Parker County Municipal Management District No. 2, which is designed to promote economic development and enhance public services and infrastructure within its territory. The bill allows the district to issue bonds and impose assessments, fees, and taxes to fund various projects, including roads, drainage, parks, and general improvements to community facilities. This initiative aims to boost the economy of Parker County by developing essential services and attractions that benefit residents and businesses alike.

Sentiment

The sentiment towards HB 4630 appears largely positive among its proponents, who argue that increased local funding and management will lead to significant economic benefits and improved infrastructure. However, there may be concerns regarding the potential burden of assessments and taxes on local property owners, as the district acquires the power to impose such fees to fund its projects. The successful passage of this bill reflects a legislative commitment to fostering localized economic opportunities while balancing the interests of existing public authorities.

Contention

Notable points of contention in the discussions surrounding this bill include the implications of imposing new taxes and assessments, which some may view as an undue burden on property owners, especially in economically challenging times. There may also be discussions regarding the extent of the district's powers, particularly its limited authority to exercise eminent domain. Overall, the bill invites discourse on the balance between local development needs and the rights of property owners affected by new financial obligations.