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