Texas Amends Certain Municipal Management District Law, Includes Tax Provisions

The Texas Legislature enacted legislation amending current law relating to the powers and duties of the Far North Fort Worth Municipal Utility District No. 1 of Tarrant and Wise Counties. The law includes providing authority to impose a tax and issue bonds. The law takes effect on Sept. 1. [H.B. 5668, became law without signature 06/20/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.