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Relating to the creation of the Lake Houston Dredging and Maintenance District; providing the authority to issue bonds; providing authority to impose assessments and fees.
No significant fiscal implication to the State is anticipated.
HB 2525 would create the Lake Houston Dredging and Maintenance District to form voluntary interlocal agreements with political subdivisions, corporate entities, or other persons perform dredging and maintenance operations on Lake Houston. The boundaries of the district would extend to all of Harris county. The district would have the authority to issue bonds payable from and secured by district revenue to carry out their powers. The district would not have the power to impose an ad valorem tax or exercise eminent domain.
Texas Action remains neutral on HB 2525 as this bill does not impact our liberty principles.
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