Texas SB1243 amends the Local Government Code to allow public entities to dissolve a public utility agency and transfer its obligations, assets.

Texas SB1243 modifies the Local Government Code to allow public entities participating in a public utility agency to add or remove members through concurrent ordinances. It also enables the dissolution of the agency and the transfer of all obligations, assets, permits, and licenses to the remaining entities. If a public entity is the sole remaining participant, it can dissolve the agency by ordinance. This Act becomes effective September 1, 2025.

Texas SB1243 amends the Local Government Code to allow public entities to dissolve a public utility agency and transfer its obligations, assets.

Texas SB1243 modifies the Local Government Code to allow public entities participating in a public utility agency to add or remove members through concurrent ordinances. It also enables the dissolution of the agency and the transfer of all obligations, assets, permits, and licenses to the remaining entities. If a public entity is the sole remaining participant, it can dissolve the agency by ordinance. This Act becomes effective September 1, 2025.