1 | 1 | | By: Longoria (Senate Sponsor - LaMantia) H.B. No. 4565 |
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2 | 2 | | (In the Senate - Received from the House May 3, 2023; |
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3 | 3 | | May 4, 2023, read first time and referred to Committee on Natural |
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4 | 4 | | Resources & Economic Development; May 19, 2023, reported |
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5 | 5 | | adversely, with favorable Committee Substitute by the following |
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6 | 6 | | vote: Yeas 7, Nays 1; May 19, 2023, sent to printer.) |
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7 | 7 | | Click here to see the committee vote |
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8 | 8 | | COMMITTEE SUBSTITUTE FOR H.B. No. 4565 By: Hughes |
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9 | 9 | | |
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10 | 10 | | |
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11 | 11 | | A BILL TO BE ENTITLED |
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12 | 12 | | AN ACT |
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13 | 13 | | relating to the authority of certain municipalities to use hotel |
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14 | 14 | | occupancy tax revenue for certain venue projects. |
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15 | 15 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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16 | 16 | | SECTION 1. Section 334.0082, Local Government Code, is |
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17 | 17 | | amended by adding Subsections (d) and (e) to read as follows: |
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18 | 18 | | (d) Notwithstanding Subsection (a) and subject to this |
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19 | 19 | | subsection, this section also applies to a municipality that has a |
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20 | 20 | | population of at least 70,000 but not more than 180,000 and that is |
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21 | 21 | | located in a county that borders the United Mexican States and the |
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22 | 22 | | Gulf of Mexico. A municipality described by this subsection may |
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23 | 23 | | impose a tax as authorized under Subsection (b)(2) only to finance a |
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24 | 24 | | convention center constructed before January 1, 2023. The |
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25 | 25 | | authority of the municipality to impose the tax as authorized under |
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26 | 26 | | Subsection (b)(2) expires on the earlier of: |
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27 | 27 | | (1) the date the debt issued for the convention center |
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28 | 28 | | described by this subsection is repaid; or |
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29 | 29 | | (2) January 1, 2054. |
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30 | 30 | | (e) Subsection (d) and this subsection expire January 1, |
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31 | 31 | | 2054. |
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32 | 32 | | SECTION 2. This Act takes effect September 1, 2023. |
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33 | 33 | | * * * * * |
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