H.B. No. 5668 amends the Special District Local Laws Code by adding Section 8011.055, which grants the Far North Fort Worth Municipal Utility District No. 1 of Tarrant and Wise Counties the authority to establish defined areas or designated properties within the district. This new provision allows the district to impose taxes and issue bonds specifically for improvements, facilities, or services that primarily benefit those defined areas or properties, even if they do not benefit the district as a whole. Additionally, it permits the inclusion of noncontiguous tracts within these defined areas, thereby expanding the district's ability to manage and finance local improvements.
The bill ensures that the Far North Fort Worth Municipal Utility District retains all its existing rights, powers, and functions prior to the enactment of this legislation. It also outlines the procedural requirements that have been fulfilled for the introduction and passage of the Act, including the necessary legal notices and recommendations from the Texas Commission on Environmental Quality. 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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