89R4097 ANG-D
By: Bell of Kaufman H.B. No. 447
A BILL TO BE ENTITLED
AN ACT
relating to traffic studies before the issuance of certain
municipal utility district bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter F, Chapter 54, Water Code, is amended
by adding Section 54.5162 to read as follows:
Sec. 54.5162. TRAFFIC STUDIES BEFORE ISSUANCE OF CERTAIN
BONDS. A district may not issue a bond to finance a road project
unless each entity with jurisdiction over a road intersection
located inside the district or within one mile of the boundaries of
the district or over a road that provides or will provide ingress to
or egress from a residential development in the district conducts a
study evaluating potential changes to traffic patterns and volumes
for the intersection or road that would result from the road
project.
SECTION 2. This Act applies only to a bond issued on or
after the effective date of this Act. A bond issued before the
effective date of this Act is governed by the applicable law in
effect before the effective date of this Act, and the former law is
continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2025.