Relating to the imposition by a municipality of a moratorium on property development in certain circumstances.

SB 1882 requires Texas municipalities to hold two public hearings before imposing a permanent moratorium on property development, with a temporary moratorium automatically taking effect 5 business days after notice is published. The bill mandates specific notice requirements (newspaper publication and certified mail to affected parties) and sets a 12-day deadline after the second hearing for the governing body to finalize the moratorium through two readings spaced at least 28 days apart, requiring a two-thirds vote. If the municipality fails to adopt the ordinance within the deadline, the temporary moratorium expires. This bill directly affects municipalities considering development pauses and property developers or residents in areas subject to such moratoriums.