Relating to the creation of the Bluebonnet Hills Municipal Management District No. 1; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

SB 3048 creates the Bluebonnet Hills Municipal Management District No. 1, a special district in the Bluebonnet Hills area near Midlothian, Texas. The bill grants the district authority to issue bonds for infrastructure, collect property assessments and fees, and use limited eminent domain powers to acquire land for development. It directly affects property owners within the district boundaries by subjecting them to these financial obligations. The district’s purpose is to promote economic development, employment, housing, and public services - supplementing but not replacing city services in the area. The bill establishes a governing board and defines the district’s public purpose under Texas constitutional provisions.