Texas 2023 - 88th Regular

Texas House Bill HB4848 Compare Versions

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11 By: Thimesch H.B. No. 4848
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44 A BILL TO BE ENTITLED
55 AN ACT
66 relating to the authority of certain municipalities to receive
77 certain tax revenue derived from a hotel and convention center
88 project and to pledge certain tax revenue for the payment of
99 obligations related to the project.
1010 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1111 SECTION 1. Sections 351.157 (b) and (c), Tax Code, are
1212 amended to read as follows:
1313 (b) This section applies only to:
1414 (1) a municipality described by Section 351.152(3);
1515 (2) a municipality described by Section 351.152(6);
1616 (3) a municipality described by Section 351.152(7);
1717 (4) a municipality described by Section 351.152(10);
1818 (4-a) a municipality described by Section
1919 351.152(14);
2020 (5) a municipality described by Section 351.152(16);
2121 (6) a municipality described by Section 351.152(22);
2222 (7) a municipality described by Section 351.152(25);
2323 (8) a municipality described by Section 351.152(34);
2424 (9) a municipality described by Section 351.152(35);
2525 (10) a municipality described by Section 351.152(36);
2626 (11) a municipality described by Section 351.152(38);
2727 (12) a municipality described by Section 351.152(41);
2828 and
2929 (13) [(12)] a municipality described by Section
3030 351.152(43).
3131 (c) A municipality is entitled to receive revenue under
3232 Subsection (d) derived from the following types of establishments
3333 that meet the requirements of Subsections (a)(1), (2), (3), and
3434 (4):
3535 (1) for a municipality described by Subsection (b)(1):
3636 (A) restaurants, bars, and retail
3737 establishments; and
3838 (B) swimming pools and swimming facilities owned
3939 or operated by the related qualified hotel;
4040 (2) for a municipality described by Subsection (b)(2),
4141 swimming pools and swimming facilities, restaurants, bars, and
4242 retail establishments;
4343 (3) for a municipality described by Subsection (b)(3),
4444 restaurants, bars, and retail establishments;
4545 (4) for a municipality described by Subsection (b)(4):
4646 (A) restaurants, bars, and retail
4747 establishments; and
4848 (B) swimming pools and swimming facilities owned
4949 or operated by the related qualified hotel;
5050 (4-a) for a municipality described by Subsection
5151 (b)(4- a):
5252 (A) restaurants, bars, and retail
5353 establishments; and
5454 (B) swimming pools and swimming facilities owned
5555 or operated by the related qualified hotel;
5656 (5) for a municipality described by Subsection (b)(5),
5757 restaurants, bars, and retail establishments;
5858 (6) for a municipality described by Subsection (b)(6),
5959 restaurants, bars, and retail establishments;
6060 (7) for a municipality described by Subsection (b)(7),
6161 restaurants, bars, and retail establishments;
6262 (8) for a municipality described by Subsection (b)(8),
6363 restaurants, bars, and retail establishments;
6464 (9) for a municipality described by Subsection (b)(9),
6565 restaurants, bars, and retail establishments;
6666 (10) for a municipality described by Subsection
6767 (b)(10):
6868 (A) restaurants, bars, and retail
6969 establishments; and
7070 (B) swimming pools and swimming facilities owned
7171 or operated by the related qualified hotel;
7272 (11) for a municipality described by Subsection
7373 (b)(11):
7474 (A) restaurants, bars, and retail
7575 establishments; and
7676 (B) swimming pools and swimming facilities owned
7777 or operated by the related qualified hotel;
7878 (12) for a municipality described by Subsection
7979 (b)(12):
8080 (A) restaurants, bars, and retail
8181 establishments; and
8282 (B) swimming pools and swimming facilities owned
8383 or operated by the related qualified hotel; and
8484 (13) [(12)] for a municipality described by
8585 Subsection (b)(13) [(b)(12)]:
8686 (A) restaurants, bars, and retail
8787 establishments; and
8888 (B) swimming pools and swimming facilities owned
8989 or operated by the related qualified hotel.
9090 SECTION 2. This Act takes effect September 1, 2023.