1 | 1 | | S.B. No. 1057 |
---|
2 | 2 | | |
---|
3 | 3 | | |
---|
4 | 4 | | AN ACT |
---|
5 | 5 | | relating to the authority of certain municipalities and local |
---|
6 | 6 | | government corporations to use certain tax revenue for certain |
---|
7 | 7 | | qualified projects. |
---|
8 | 8 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
---|
9 | 9 | | SECTION 1. Section 351.1015, Tax Code, is amended by |
---|
10 | 10 | | amending Subsection (b) and adding Subsection (j) to read as |
---|
11 | 11 | | follows: |
---|
12 | 12 | | (b) This section applies only to a qualified project located |
---|
13 | 13 | | in: |
---|
14 | 14 | | (1) a municipality with a population of at least |
---|
15 | 15 | | 650,000 but less than 750,000 according to the most recent federal |
---|
16 | 16 | | decennial census; or |
---|
17 | 17 | | (2) a municipality with a population of at least two |
---|
18 | 18 | | million. |
---|
19 | 19 | | (j) A local government corporation to which this subsection |
---|
20 | 20 | | applies may act as a municipality under this section and is |
---|
21 | 21 | | considered to be a municipality for purposes of this section. With |
---|
22 | 22 | | respect to a local government corporation to which this subsection |
---|
23 | 23 | | applies, the term "qualified project" includes a venue and any |
---|
24 | 24 | | related infrastructure. This subsection applies only to a local |
---|
25 | 25 | | government corporation that: |
---|
26 | 26 | | (1) is authorized to collect a municipal hotel |
---|
27 | 27 | | occupancy tax; and |
---|
28 | 28 | | (2) is located in a county with a population of 3.3 |
---|
29 | 29 | | million or more. |
---|
30 | 30 | | SECTION 2. This Act takes effect September 1, 2023. |
---|
31 | 31 | | ______________________________ ______________________________ |
---|
32 | 32 | | President of the Senate Speaker of the House |
---|
33 | 33 | | I hereby certify that S.B. No. 1057 passed the Senate on |
---|
34 | 34 | | April 17, 2023, by the following vote: Yeas 25, Nays 6; and that |
---|
35 | 35 | | the Senate concurred in House amendments on May 25, 2023, by the |
---|
36 | 36 | | following vote: Yeas 25, Nays 6. |
---|
37 | 37 | | ______________________________ |
---|
38 | 38 | | Secretary of the Senate |
---|
39 | 39 | | I hereby certify that S.B. No. 1057 passed the House, with |
---|
40 | 40 | | amendments, on May 23, 2023, by the following vote: Yeas 110, |
---|
41 | 41 | | Nays 29, two present not voting. |
---|
42 | 42 | | ______________________________ |
---|
43 | 43 | | Chief Clerk of the House |
---|
44 | 44 | | Approved: |
---|
45 | 45 | | ______________________________ |
---|
46 | 46 | | Date |
---|
47 | 47 | | ______________________________ |
---|
48 | 48 | | Governor |
---|