The bill, H.B. No. 5660, proposes the dissolution of the El Milagro Management District, which was established by the Texas Commission on Environmental Quality on June 13, 2024. The board of the district is required to dissolve the district within 60 days of the bill's effective date, unless the district has outstanding bonded indebtedness. In such a case, the district will continue to exist solely for the purpose of winding up operations and discharging its debts, utilizing available funds to settle these obligations as soon as practicable.

Additionally, the bill outlines the procedural requirements that have been met for its introduction, including the publication of legal notice and submission to relevant authorities. The act is set to take effect immediately upon receiving a two-thirds vote from both houses of the legislature; otherwise, it will take effect on September 1, 2025. The bill also includes a provision stating that it will expire on September 1, 2027.