HB 5660

89R11688 MCF-D
		By: Muñoz
  H.B. No. 5660
  A BILL TO BE ENTITLED
  AN ACT
  relating to the dissolution of the El Milagro Management District.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  (a)  Except as provided by Subsection (b), the
  board of the El Milagro Management District, created by order of the
  Texas Commission on Environmental Quality on June 13, 2024, shall
  dissolve the district not later than the 60th day after the
  effective date of this Act.
         (b)  If the district has outstanding bonded indebtedness:
               (1)  the district shall remain in existence solely for
  the purposes of winding up district operations and discharging its
  bonded indebtedness; and
               (2)  the board shall use all district money that is
  available to:
                     (A)  wind up district operations; and
                     (B)  repay or defease the bonded indebtedness as
  soon as practicable in accordance with the order or resolution
  authorizing the issuance of the bonds.
         (c)  This Act expires September 1, 2027.
         SECTION 2.  (a)  The legal notice of the intention to
  introduce this Act, setting forth the general substance of this
  Act, has been published as provided by law, and the notice and a
  copy of this Act have been furnished to all persons, agencies,
  officials, or entities to which they are required to be furnished
  under Section 59, Article XVI, Texas Constitution, and Chapter 313,
  Government Code.
         (b)  The governor, one of the required recipients, has
  submitted the notice and Act to the Texas Commission on
  Environmental Quality.
         (c)  The Texas Commission on Environmental Quality has filed
  its recommendations relating to this Act with the governor, the
  lieutenant governor, and the speaker of the house of
  representatives within the required time.
         (d)  All requirements of the constitution and laws of this
  state and the rules and procedures of the legislature with respect
  to the notice, introduction, and passage of this Act are fulfilled
  and accomplished.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2025.