Texas 2023 - 88th Regular

Texas House Bill HB4749

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the authority of economic development corporations created by certain rural municipalities to undertake infrastructure planning projects.

Impact

The bill seeks to amend the Local Government Code, allowing qualifying economic development corporations to engage in various planning projects, including those related to water, sewer, and drainage systems. By enabling access to state or federal grants for these infrastructure developments, the bill intends to provide significant financial assistance where local revenues may be insufficient. This legislative initiative could lead to enhanced economic conditions by improving infrastructure in distressed areas, ultimately fostering business growth and development.

Summary

House Bill 4749 aims to empower economic development corporations within certain rural municipalities to undertake infrastructure planning projects. Specifically, it focuses on municipalities that have above-average unemployment rates and smaller populations. This bill is designed to enhance the local decision-making capacity of these corporations regarding essential infrastructure projects, particularly those aimed at flood and wastewater issues prevalent in South Texas regions prone to natural disasters.

Sentiment

The general sentiment around HB 4749 appears to be supportive among advocates who believe that improving rural infrastructure is essential for economic progress. With backing from organizations such as the Pew Charitable Trusts, proponents argue that the bill addresses urgent community needs, especially in regions affected by natural disasters. However, there may also be some concern regarding the effectiveness of the allocations and whether they truly meet the most pressing needs of each community.

Contention

One potential point of contention lies in the prioritization process outlined in the bill. While the focus on mitigating risks from natural disasters and supporting economic goals is well-received, opponents may question how these priorities are established and whether all communities will have equal access to the funds. Additionally, concerns related to governance and the ability of rural municipalities to effectively manage such projects could arise, impacting public trust and the perceived efficacy of the bill.

Companion Bills

No companion bills found.

Previously Filed As

TX HB3255

Relating to the authority of a development corporation created by the Gulf Coast Authority to finance certain projects.

TX H1125

Regional Planning and Economic Development

TX HB1125

Regional Planning and Economic Development:

TX A4437

Provides CBT and GIT credits for undertaking of qualified moderate-income housing projects in certain distressed municipalities.

TX SB2001

Economic development; provide incentives for certain economic development projects.

TX HB5625

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX HB1

Economic development; provide incentives for certain economic development projects.

TX HB5634

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX SB3028

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX HB2765

Relating to the Rural Economic Development and Investment Program and the Texas economic development fund.

Similar Bills

No similar bills found.