TX HB5674

Creates River Ranch Municipal Utility District No. 1 in Williamson County, Texas, as a municipal utility district under the Texas Constitution, governed by a five-member elected board of directors serving staggered four-year terms

Grants the district authority to design, construct, finance, and maintain roads, storm drainage, and related infrastructure, with the power to issue bonds payable from ad valorem taxes, impact fees, revenue, or contract payments

Requires voter approval before imposing ad valorem taxes or issuing bonds payable from such taxes, with road project bonds requiring two-thirds majority approval and limited to one-fourth of assessed property value

Requires municipal consent by ordinance or resolution before the district can hold a confirmation election if located within a municipality's corporate limits or extraterritorial jurisdiction

Grants limited eminent domain power only if the Act receives a two-thirds vote of all members elected to each house; otherwise, the district explicitly cannot exercise eminent domain