Establishes the Palangana Energy District in Texas to enhance energy security and economic development.

The bill creates the Palangana Energy District in Texas, aimed at enhancing energy security, reliability, and resiliency in an environmentally responsible manner. It also seeks to promote economic development and commerce, and to conserve and develop natural energy resources for the benefit of the South Texas region and the state. The district can issue bonds, impose sales and use taxes, and exercise limited eminent domain within its boundaries. It can also establish economic development programs and contract for law enforcement services.

Establishes the Palangana Energy District in Texas to enhance energy security and economic development.

The bill creates the Palangana Energy District in Texas, aimed at enhancing energy security, reliability, and resiliency in an environmentally responsible manner. It also seeks to promote economic development and commerce, and to conserve and develop natural energy resources for the benefit of the South Texas region and the state. The district can issue bonds, impose sales and use taxes, and exercise limited eminent domain within its boundaries. It can also establish economic development programs and contract for law enforcement services.