House Bill No. 5524 proposes the establishment of the Palangana Energy District in Texas, which will be governed by a board of directors consisting of at least seven members. The bill outlines the district's powers, including the ability to exercise eminent domain, issue bonds, and impose assessments, fees, and taxes to fund its operations. The district is specifically designed to enhance energy security and promote economic development in a county with a population between 8,000 and 12,000 that is located within 50 miles of the Texas-Mexico border.

Key provisions of the bill include the authority for the district to acquire and manage various infrastructure projects related to water supply, energy generation, and road improvements. The district can also impose assessments for financing services and improvements, which require a petition from property owners. Additionally, the bill mandates that any ad valorem tax imposed by the district must be approved by voters through an election. The legislation aims to ensure that the district operates in a manner that benefits the local community while providing essential services and infrastructure.

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