S.B. No. 3037 establishes the La Cima Municipal Management District No. 1 in Texas, granting it the authority to issue bonds, impose assessments, fees, and taxes, and providing limited powers of eminent domain. The bill adds Chapter 4012 to the Special District Local Laws Code, detailing the district's definitions, purposes, and governance structure, which includes a board of five elected directors serving staggered four-year terms. The district is designed to promote economic development and enhance public welfare while supplementing the services provided by the City of San Marcos. It also allows for the creation of a nonprofit corporation to assist in its functions and eligibility for inclusion in tax increment reinvestment zones. A significant provision of the bill is the introduction of Sec. 4012.0311. NO EMINENT DOMAIN POWER. The district may not exercise the power of eminent domain., which explicitly prohibits the district from taking private property for public use without the owner's consent. The bill outlines the procedural requirements for its passage, including the need for a two-thirds vote from both legislative houses for immediate effect. If the required vote is not achieved, the new section will still be added but will not take effect until September 1, 2025. The bill has successfully passed both the Senate and the House, indicating strong legislative support.

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