Texas HB4583 amends the Local Government Code to allow public entities to dissolve a public utility agency and transfer its obligations, assets.
Texas HB4583 amends Section 572.053 of the Local Government Code to allow public entities participating in a public utility agency to dissolve the agency and transfer its obligations, assets, permits, and licenses to the remaining entities. The bill also allows a public entity that is the only remaining participant to dissolve the agency by ordinance. This change takes effect September 1, 2025.
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