Bill: HB 4730, 86(R) - 2019

Committee

House Urban Affairs

2nd Chamber Committee

Senate Intergovernmental Relations

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
No Negative Neutral Neutral Negative Neutral

Author(s)

Joe Moody

Sponsor(s)

José Rodríguez

Bill Caption

Relating to the creation of the City of El Paso Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, or taxes.

Fiscal Notes

No significant fiscal implication to the State is anticipated.


Bill Analysis

HB 4730 would create a Municipal Management District (MMD) in El Paso "to promote, develop, encourage, and maintain employment, commerce, transportation, housing, tourism, recreation, the arts, entertainment, economic development, safety, and the public welfare in the district," among other things.

Vote Recommendation Notes

Texas Action opposes HB 4730 because it infringes upon limited government and free market principles. We generally oppose any creation or expansion of economic development powers for municipal management districts. Chapter 380 economic development provides broad authority to these districts in determining whether public money should be spent for anything that may constitute a "public purpose." This money is then used to unfairly favor certain businesses and industries over others, effectively allowing the government to choose winners and losers in the marketplace.


Source URL (retrieved on 03/29/2024 09:03 AM): http://reports.texasaction.com/bill/86r/hb4730?print_view=true