Establishes the Rivers Market Place Municipal Management District in Texas, outlining its powers and duties.

The bill creates the Rivers Market Place Municipal Management District in Texas, a special district governed by a board of five elected directors. The district is tasked with promoting economic development, employment, and commerce. It can issue bonds, impose assessments, and collect taxes, but it cannot exercise eminent domain. The district can dissolve if petitioned by property owners holding two-thirds of the assessed value or surface area. The district can also create economic development programs and join charitable organizations.

Establishes the Rivers Market Place Municipal Management District in Texas, outlining its powers and duties.

The bill creates the Rivers Market Place Municipal Management District in Texas, a special district governed by a board of five elected directors. The district is tasked with promoting economic development, employment, and commerce. It can issue bonds, impose assessments, and collect taxes, but it cannot exercise eminent domain. The district can dissolve if petitioned by property owners holding two-thirds of the assessed value or surface area. The district can also create economic development programs and join charitable organizations.