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Relating to the creation of the Lorena Municipal Management
District No. 1; providing authority to issue bonds; providing
authority to impose assessments, fees, and taxes.
No significant fiscal implication to the State is anticipated.
HB 4666 would create the Lorena Municipal Management District No. 1; providing authority to issue bonds, impose assessments, fees, and taxes.
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 4666.