Bill Text: TX SB1959 | 2021-2022 | 87th Legislature | Introduced
Bill Title: Relating to the provision of parks and recreational facilities by water districts.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-04-01 - Referred to Local Government [SB1959 Detail]
Download: Texas-2021-SB1959-Introduced.html
By: Creighton | S.B. No. 1959 | |
|
||
|
||
Relating to the provision of parks and recreational facilities by | ||
water districts. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 49.4645(a), Water Code, is amended to | ||
read as follows: | ||
(a) A district all or part of which is located in Bastrop | ||
County, Bexar County, Waller County, Travis County, Williamson | ||
County, Harris County, Galveston County, Brazoria County, | ||
Montgomery County, or Fort Bend County may issue bonds supported by | ||
ad valorem taxes to pay for the development and maintenance of | ||
recreational facilities only if the bonds are authorized by a | ||
majority vote of the voters of the district voting in an election | ||
held for that purpose. Except for a district that is exempt from the | ||
commission rule requiring developer cost participation in district | ||
construction projects or for bonds supported by contract taxes | ||
under Section 49.108, the [ |
||
bonds, notes, and other obligations issued to finance parks and | ||
recreational facilities supported by ad valorem taxes may not | ||
exceed an amount equal to one percent of the value of the taxable | ||
property in the district [ |
||
appraisal district at the time of the issuance of the bonds, notes, | ||
and other obligations or an amount greater than the estimated cost | ||
provided in the park plan under Subsection (b), whichever is | ||
smaller. To establish the value of the taxable property in a | ||
district under this section, the district may use an estimate of the | ||
value provided by the central appraisal district. The district may | ||
not issue bonds supported by ad valorem taxes to pay for the | ||
development and maintenance of: | ||
(1) indoor or outdoor swimming pools; or | ||
(2) golf courses. | ||
SECTION 2. Section 54.016(e), Water Code, is amended to | ||
read as follows: | ||
(e) A city may provide in its written consent to the | ||
inclusion of land in a district, that the district construct all | ||
facilities to serve the land in accordance with plans and | ||
specifications which have been approved by the city. The city may | ||
also provide in its written consent that the city shall have the | ||
right to inspect all facilities being constructed by a district. | ||
The city's consent to the inclusion of land in the district may also | ||
contain restrictions on the terms and provisions of the district's | ||
bonds and notes issued to provide service to the land and conditions | ||
on the sale of the district's bonds and notes if the restrictions | ||
and conditions do not generally render the bonds and notes of | ||
districts in the city's extraterritorial jurisdiction | ||
unmarketable. The city's consent to the inclusion of land in a | ||
district may restrict the purposes for which a district may issue | ||
bonds to those [ |
||
|
||
|
||
|
||
SECTION 3. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2021. |