Relating to the creation of the Waller County Improvement District No. 3; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes.

HB 5685 proposes creating Waller County Improvement District No. 3, a special district to support economic development in specific areas of Waller County. The bill grants the district authority to issue bonds, impose assessments, fees, and taxes on properties within its boundaries to fund improvements like infrastructure, transportation, and community services. It directly affects landowners in the designated district area who would pay these assessments. The district is explicitly designed to supplement, not replace, existing county services while promoting employment, commerce, tourism, and public welfare in the region. The bill is currently pending committee review and has not yet been enacted.