Texas SB2518 limits the authority of certain special districts and corporations to exercise certain rights and powers outside their boundaries.

Texas SB2518 amends the Government Code to restrict the authority of certain special districts and corporations created by special districts from exercising certain rights and powers outside their boundaries. Effective September 1, 2025, special districts and corporations created by special districts are prohibited from acquiring, purchasing, constructing, rehabilitating, renovating, repairing, equipping, furnishing, financing, owning, or leasing multifamily residential developments outside their boundaries.

Texas SB2518 limits the authority of certain special districts and corporations to exercise certain rights and powers outside their boundaries.

Texas SB2518 amends the Government Code to restrict the authority of certain special districts and corporations created by special districts from exercising certain rights and powers outside their boundaries. Effective September 1, 2025, special districts and corporations created by special districts are prohibited from acquiring, purchasing, constructing, rehabilitating, renovating, repairing, equipping, furnishing, financing, owning, or leasing multifamily residential developments outside their boundaries.