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Relating to the creation of the TRR 243 Municipal Management District; providing authority to issue bonds and impose assessments, fees, and taxes.
No significant fiscal implication to the State is anticipated.
HB 4590 would create the TRR 243 Municipal Management District to conduct improvement projects. The district would have the authority of a water and road district as well as the authority to impose taxes and issue bonds. The district would not have authority for eminent domain. Procedures are included for the district’s dissolution. The district may only issue certain bonds if it receives approval the Texas Commission on Environmental Quality and a 75% of property that will benefit from the infrastructure projects has been built.
This bill would create a new special purpose district "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." The district would be a part of a broader class of special districts known as Municipal Management Districts (MMD). This bill would grant municipal-type authority to a non-municipal entity, essentially creating a city within a city that lacks true accountability, which does not support our liberty principles.
Creating this new management district grows the size, scope, and cost of government for the purpose of fulfilling functions outside of its proper role. For this reason, we oppose HB 4590.