Relating to the creation of the Puerto Verde Port Authority District; providing authority to issue bonds; providing authority to impose assessments, fees, and taxes; granting a limited power of eminent domain.

HB 74 creates the Puerto Verde Port Authority District in Maverick County, Texas, as a special district to advance economic development in the area. The bill grants the district authority to issue bonds for infrastructure, impose fees and taxes on properties within the district, and acquire private property through limited eminent domain for port-related projects. It directly affects property owners and businesses in the designated district area by enabling the district to fund and develop port facilities, transportation infrastructure, and economic initiatives. The legislation aims to promote job growth, commerce, and community development in Maverick County under Texas Constitution provisions for special districts.