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TX HB3483

Bill

Status

Engrossed

5/8/2025

Primary Sponsor

Erin Gamez

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Adds special utility districts organized under Chapter 65 of the Water Code to the list of entities defined as "issuers" authorized to issue public securities under Government Code Chapter 1371

  • Grants special utility districts explicit authority to issue bonds or notes for purchasing, constructing, acquiring, operating, repairing, improving, or extending district infrastructure including waterworks, sanitary sewer, storm sewer, and solid waste disposal systems

  • Exempts special utility districts from Sections 49.181 and 49.182 of the Water Code, which contain certain bond issuance requirements and restrictions applicable to other water districts

  • Takes effect September 1, 2025

Legislative Description

Relating to the authority of a special utility district to issue a public security.

Special Districts & Authorities

Last Action

Placed on intent calendar

5/28/2025

Committee Referrals

Local Government5/20/2025
Natural Resources3/24/2025

Full Bill Text

No bill text available