H.B. No. 2068 proposes significant amendments to the governance and operational framework of the Harris County Flood Control District. The bill establishes the District as a governmental agency responsible for managing flood control, including the control, storage, and distribution of storm and flood waters. It introduces a new governing body structure, appointing a board by the governor with designated roles such as presiding officer, secretary, and treasurer. The bill clarifies that the District's boundaries align with Harris County, with provisions for the inclusion of adjacent counties through a petition and voter approval process. Additionally, it expands the District's powers to acquire property, hire personnel, and collaborate with federal and local entities, while outlining procedures for issuing bonds for flood control projects, including public hearings and voter approval.

The legislation also amends existing laws concerning bond issuance and management, replacing "County" with "District" to clarify governance. It specifies that bonds will be issued in the District's name and outlines the authority to utilize state-donated tax funds for flood control improvements. The bill grants the District eminent domain powers for property acquisition without bond posting requirements and allows the use of public property for flood control plans, subject to existing rights. Furthermore, it establishes a new governance structure, with the governor appointing board members and ensuring continuity until successors are appointed. The bill is set to take effect immediately upon a two-thirds vote or on September 1, 2025, if that threshold is not met.