Texas HB5370 modifies interlocal contract requirements, allowing certain utilities to bypass governing body approval for contracts under $100,000.

Texas HB5370 amends the requirements for interlocal contracts, allowing water utilities or municipally owned electric utilities in municipalities with over 75% of a county's population (in counties with 2 million or more residents) to bypass governing body approval for contracts not exceeding $100,000. The bill also mandates that all interlocal contracts specify the purpose, terms, rights, and duties of the parties involved and that payments for governmental functions or services must come from current revenues.

Texas HB5370 modifies interlocal contract requirements, allowing certain utilities to bypass governing body approval for contracts under $100,000.

Texas HB5370 amends the requirements for interlocal contracts, allowing water utilities or municipally owned electric utilities in municipalities with over 75% of a county's population (in counties with 2 million or more residents) to bypass governing body approval for contracts not exceeding $100,000. The bill also mandates that all interlocal contracts specify the purpose, terms, rights, and duties of the parties involved and that payments for governmental functions or services must come from current revenues.