1 | 1 | | 89R11688 MCF-D |
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2 | 2 | | By: Muñoz H.B. No. 5660 |
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3 | 3 | | |
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4 | 4 | | |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to the dissolution of the El Milagro Management District. |
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10 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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11 | 11 | | SECTION 1. (a) Except as provided by Subsection (b), the |
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12 | 12 | | board of the El Milagro Management District, created by order of the |
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13 | 13 | | Texas Commission on Environmental Quality on June 13, 2024, shall |
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14 | 14 | | dissolve the district not later than the 60th day after the |
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15 | 15 | | effective date of this Act. |
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16 | 16 | | (b) If the district has outstanding bonded indebtedness: |
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17 | 17 | | (1) the district shall remain in existence solely for |
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18 | 18 | | the purposes of winding up district operations and discharging its |
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19 | 19 | | bonded indebtedness; and |
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20 | 20 | | (2) the board shall use all district money that is |
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21 | 21 | | available to: |
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22 | 22 | | (A) wind up district operations; and |
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23 | 23 | | (B) repay or defease the bonded indebtedness as |
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24 | 24 | | soon as practicable in accordance with the order or resolution |
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25 | 25 | | authorizing the issuance of the bonds. |
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26 | 26 | | (c) This Act expires September 1, 2027. |
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27 | 27 | | SECTION 2. (a) The legal notice of the intention to |
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28 | 28 | | introduce this Act, setting forth the general substance of this |
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29 | 29 | | Act, has been published as provided by law, and the notice and a |
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30 | 30 | | copy of this Act have been furnished to all persons, agencies, |
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31 | 31 | | officials, or entities to which they are required to be furnished |
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32 | 32 | | under Section 59, Article XVI, Texas Constitution, and Chapter 313, |
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33 | 33 | | Government Code. |
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34 | 34 | | (b) The governor, one of the required recipients, has |
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35 | 35 | | submitted the notice and Act to the Texas Commission on |
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36 | 36 | | Environmental Quality. |
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37 | 37 | | (c) The Texas Commission on Environmental Quality has filed |
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38 | 38 | | its recommendations relating to this Act with the governor, the |
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39 | 39 | | lieutenant governor, and the speaker of the house of |
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40 | 40 | | representatives within the required time. |
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41 | 41 | | (d) All requirements of the constitution and laws of this |
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42 | 42 | | state and the rules and procedures of the legislature with respect |
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43 | 43 | | to the notice, introduction, and passage of this Act are fulfilled |
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44 | 44 | | and accomplished. |
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45 | 45 | | SECTION 3. This Act takes effect immediately if it receives |
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46 | 46 | | a vote of two-thirds of all the members elected to each house, as |
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47 | 47 | | provided by Section 39, Article III, Texas Constitution. If this |
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48 | 48 | | Act does not receive the vote necessary for immediate effect, this |
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49 | 49 | | Act takes effect September 1, 2025. |
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