Texas 2025 - 89th Regular

Texas House Bill HB5699 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	By: Schofield H.B. No. 5699
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6	6	A BILL TO BE ENTITLED
7	7	AN ACT
8	8	relating to the exclusion of certain territory from Harris County
9	9	Municipal Utility District No. 405.
10	10	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
11	11	SECTION 1. DEFINITION.In this Act, "district" means the
12	12	Harris County Municipal Utility District No. 405.
13	13	SECTION 2. EXCLUSION OF TERRITORY. Notwithstanding any
14	14	other law, the district may enter into a written contract with the
15	15	owner of undeveloped property within the district for exclusion of
16	16	the property from the district on terms and conditions the
17	17	district's board of directors considers advantageous for the
18	18	district. Upon satisfaction of the terms and conditions of the
19	19	contract, the district may exclude the property.
20	20	SECTION 3. RESULTS OF EXCLUSION. (a) Debt service taxes
21	21	levied on the excluded property remain pledged as security for the
22	22	district's outstanding indebtedness and the district shall
23	23	continue to levy and collect debt service taxes on the excluded land
24	24	until the excluded property's pro rata share of the district's
25	25	indebtedness is paid in full as provided herein.
26	26	(b) Except as provided in the contract for exclusion or in
27	27	Section 5 herein, on issuance of an order excluding property the
28	28	property is no longer part of the district and is not entitled to
29	29	any services from the district.
30	30	(c) Until paid in full as provided herein, the excluded
31	31	property's pro rata share of the district's indebtedness remains
32	32	the obligation of the owner of the excluded property and continues
33	33	to be secured by statutory liens on the excluded property.
34	34	(d) A copy of the order excluding the property from the
35	35	district shall be recorded by the district in the real property
36	36	records of Harris County.
37	37	SECTION 4. RIGHTS OF BONDHOLDERS. The exclusion of
38	38	property under this Act does not diminish or impair the rights of
39	39	the holders of any outstanding and unpaid bonds, warrants, or other
40	40	certificates of indebtedness of the district.
41	41	SECTION 5. APPORTIONMENT OF DISTRICT INDEBTEDNESS.(a) The
42	42	excluded property is not released from the payment of its pro rata
43	43	share of the district's indebtedness. The contract for exclusion
44	44	shall state the amount of or method to determine the excluded
45	45	property's pro rata share of the district's indebtedness.
46	46	(b) The district shall continue to levy debt service taxes
47	47	each year on the excluded property at the same rate levied on other
48	48	property of the district. The taxes collected shall be applied
49	49	exclusively to the payment of the excluded property's pro rata
50	50	share of the district's indebtedness.
51	51	(c) The owner of any part of the excluded property at any
52	52	time may pay in full the remaining unpaid portion of the excluded
53	53	property's pro rata share of the district's indebtedness.
54	54	(d) Upon payment in full of the excluded property's pro rata
55	55	share of the district's indebtedness, the excluded property is
56	56	thereafter released from payment of the district's debt service
57	57	taxes.
58	58	SECTION 6. RELIANCE ON PRIOR ELECTION. Notwithstanding any
59	59	other law, the District may issue any unissued additional debt
60	60	approved by voters of the district before the exclusion of property
61	61	without holding a new election.
62	62	SECTION 7. Harris County Municipal Utility District No. 405
63	63	retains all the rights, powers, privileges, authority, duties, and
64	64	functions that it had before the effective date of this Act.
65	65	SECTION 8. (a)The legislature validates and confirms all
66	66	governmental acts and proceedings of Harris County Municipal
67	67	Utility District No. 405 that were taken before the effective date
68	68	of this Act.
69	69	(b) This section does not apply to any matter that on the
70	70	effective date of this Act:
71	71	(1) is involved in litigation if the litigation
72	72	ultimately results in the matter being held invalid by a final court
73	73	judgment; or
74	74	(2) has been held invalid by a final court judgment.
75	75	SECTION 9. NOTICE. (a) The legal notice of the intention
76	76	to introduce this Act, setting forth the general substance of this
77	77	Act, has been published as provided by law, and the notice and a
78	78	copy of this Act have been furnished to all persons, agencies,
79	79	officials, or entities to which they are required to be furnished
80	80	under Section 59, Article XVI, Texas Constitution, and Chapter 313,
81	81	Government Code.
82	82	(b) The governor, one of the required recipients, has
83	83	submitted the notice and Act to the Texas Commission on
84	84	Environmental Quality.
85	85	(c) The Texas Commission on Environmental Quality has filed
86	86	its recommendations relating to this Act with the governor, the
87	87	lieutenant governor, and the speaker of the house of
88	88	representatives within the required time.
89	89	(d) All requirements of the constitution and laws of this
90	90	state and the rules and procedures of the legislature with respect
91	91	to the notice, introduction, and passage of this Act are fulfilled
92	92	and accomplished.
93	93	SECTION 10. EFFECTIVE DATE. This Act takes effect
94	94	immediately if it receives a vote of two-thirds of all the members
95	95	elected to each house, as provided by Section 39, Article III, Texas
96	96	Constitution. If this Act does not receive the vote necessary for
97	97	immediate effect, this Act takes effect September 1, 2025.