Relating to traffic impact studies conducted before the issuance of certain municipal utility district bonds.

HB 447 requires municipal utility districts in Texas to conduct traffic impact studies before issuing bonds for road projects. Specifically, districts must obtain studies evaluating potential traffic changes at intersections within the district or within one mile of its boundaries, or at roads serving residential developments in the district. The law applies only to bonds issued on or after September 1, 2025, and does not affect bonds issued before that date. This policy change directly affects local districts planning road infrastructure funded through bond sales.