Texas 2021 - 87th Regular

Texas House Bill HB1048

Caption

Relating to the financing of certain sports and community venue projects.

Impact

If enacted, HB1048 will specifically alter the financial landscape for local governments seeking funding for venue projects. The changes to the Local Government Code will streamline the application process for funding these projects, potentially making it quicker and easier for communities to secure the necessary financial resources. The new provisions could encourage the development of more sports and community facilities, enhancing local engagement and well-being.

Summary

House Bill 1048 pertains to the financing of certain sports and community venue projects within the state of Texas. The bill aims to amend sections of the Local Government Code to clarify how various venue projects, including municipal parks and recreation systems, can be financed. It primarily focuses on aligning the provisions related to venue financing with the current needs of local governments to support community and recreational projects that benefit residents and promote local activities.

Contention

While the bill aims to support local governments and enhance community infrastructure, it may not be without contention. Stakeholders representing various interests, including fiscal conservatives, may raise concerns about the implications of public funding for sports projects. The debate centers around whether such funding is a prudent use of taxpayer money, especially if the projects do not generate sufficient revenue to cover the costs incurred. Critics could argue that prioritizing funding for sports facilities may detract from other essential services or infrastructure needs in the community.

Companion Bills

TX SB2181

Same As Relating to the use of hotel occupancy tax revenue by certain municipalities for certain projects.

Previously Filed As

TX HB4564

Relating to the authority of certain municipalities to authorize and finance certain venue projects; authorizing the imposition of a tax.

TX SB2006

Relating to the authority of certain municipalities to authorize and finance certain venue projects; authorizing the imposition of a tax.

TX HB4090

Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain counties for certain venue projects and the period for which certain hotel occupancy taxes may be imposed.

TX HB5012

Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.

TX HB4563

Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.

TX SB2184

Relating to the authority of certain municipalities to authorize and finance certain venue projects and to use municipal hotel occupancy tax revenue for certain of those projects; authorizing the imposition of a tax.

TX HB2648

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects and project-associated infrastructure.

TX SB1057

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX SB2220

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX HB4565

Relating to the authority of certain municipalities to use hotel occupancy tax revenue for certain venue projects.

Similar Bills

No similar bills found.