Bill: HB 4733, 86(R) - 2019

Committee

House Urban Affairs

Vote Recommendation

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

Author(s)

Jessica Gonzalez

Bill Caption

Relating to the creation of the Oak Farms Municipal Management District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

Fiscal Notes

No significant fiscal implication to the State is anticipated.


Bill Analysis

HB 4733 would create the Oak Farms Municipal Management District in Dallas, Texas. Among other things, the purpose of the district is to "promote, develop, encourage, and maintain employment, commerce, transportation, affordable housing, tourism, recreation, the arts, entertainment, economic development, safety, and the public welfare in the district."

Vote Recommendation Notes

Texas Action recommends opposing HB 4733 because it infringes upon limited government and free market principles. We have consistently opposed 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.

Organizations Opposed

City of Dallas

Source URL (retrieved on 03/29/2024 12:03 AM): http://reports.texasaction.com/bill/86r/hb4733?print_view=true