Texas 2023 - 88th Regular

Texas House Bill HB2607 Compare Versions

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11 88R4568 KBB-D
22 By: Gates H.B. No. 2607
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the taxation of a leasehold or other possessory
88 interest in a public facility granted by a public facility
99 corporation.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Section 303.042(f), Local Government Code, is
1212 repealed.
1313 SECTION 2. The repeal of Section 303.042(f), Local
1414 Government Code, does not apply to a leasehold or other possessory
1515 interest granted before the effective date of this Act. A leasehold
1616 or other possessory interest granted before the effective date of
1717 this Act is governed by the law in effect immediately before the
1818 effective date of this Act, and the former law is continued in
1919 effect for that purpose.
2020 SECTION 3. This Act takes effect January 1, 2024.