Bill: HB 4742, 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)

Rhetta Andrews Bowers

Sponsor(s)

Royce West

Bill Caption

Relating to the creation of the SoGood Cedars 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 4742 would create the SoGood Cedars Municipal Management District within the City of Dallas, subject to voter approval.

Vote Recommendation Notes

Texas Action recommends opposing HB 4742 because it infringes on 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 04/26/2024 03:04 PM): http://reports.texasaction.com/bill/86r/hb4742?print_view=true