The bill, S.B. No. 3029, aims to enhance the powers and duties of the Far North Fort Worth Municipal Utility District No. 1, located in Tarrant and Wise Counties. It introduces a new section, Section 8011.055, which grants the district the authority to establish defined areas or designated properties, allowing it to impose taxes and issue bonds specifically for improvements, facilities, or services that primarily benefit those areas. This provision also allows for the inclusion of noncontiguous tracts within these defined areas, thereby expanding the district's capacity to manage and fund local projects effectively.

Additionally, the bill affirms that the Far North Fort Worth Municipal Utility District No. 1 retains all rights and powers it held prior to the enactment of this legislation. The bill outlines the procedural steps taken to ensure compliance with legal requirements, including the publication of a legal notice and submission of the bill to the Texas Commission on Environmental Quality for recommendations. The act is set to take effect immediately upon receiving a two-thirds vote from both houses of the legislature or on September 1, 2025, if that threshold is not met.

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