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1 | 1 | 89R1467 RDS-D | |
2 | 2 | By: Craddick H.B. No. 1186 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to the entitlement of certain municipalities to receive | |
10 | 10 | tax revenue from certain establishments located near a hotel and | |
11 | 11 | convention center project. | |
12 | 12 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
13 | 13 | SECTION 1. Section 351.157, Tax Code, is amended by adding | |
14 | 14 | Subsection (b-1) to read as follows: | |
15 | 15 | (b-1) In addition to the municipalities described by | |
16 | 16 | Subsection (b), this section applies to a municipality described by | |
17 | 17 | Section 351.152(12) that has a population of 130,000 or more. | |
18 | 18 | SECTION 2. This Act takes effect immediately if it receives | |
19 | 19 | a vote of two-thirds of all the members elected to each house, as | |
20 | 20 | provided by Section 39, Article III, Texas Constitution. If this | |
21 | 21 | Act does not receive the vote necessary for immediate effect, this | |
22 | 22 | Act takes effect September 1, 2025. |