2 | 4 | | |
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3 | 5 | | |
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4 | 6 | | A BILL TO BE ENTITLED |
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5 | 7 | | AN ACT |
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6 | 8 | | relating to the authority of certain municipalities to use hotel |
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7 | 9 | | occupancy tax revenue for certain venue projects. |
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8 | 10 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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9 | 11 | | SECTION 1. Section 334.0082, Local Government Code, is |
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10 | 12 | | amended by adding Subsections (d) and (e) to read as follows: |
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11 | 13 | | (d) Notwithstanding Subsection (a) and subject to this |
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12 | 14 | | subsection, this section also applies to a municipality that has a |
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13 | 15 | | population of at least 70,000 but not more than 180,000 and that is |
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14 | 16 | | located in a county that borders the United Mexican States and the |
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15 | 17 | | Gulf of Mexico. A municipality described by this subsection may |
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16 | 18 | | impose a tax as authorized under Subsection (b)(2) only to finance a |
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17 | 19 | | convention center constructed before January 1, 2023. The |
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18 | 20 | | authority of the municipality to impose the tax as authorized under |
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19 | 21 | | Subsection (b)(2) expires on the earlier of: |
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20 | 22 | | (1) the date the debt issued for the convention center |
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21 | 23 | | described by this subsection is repaid; or |
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22 | 24 | | (2) January 1, 2054. (e)Subsection (d) and this subsection |
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23 | 25 | | expire January 1, 2054. |
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24 | 26 | | SECTION 2. This Act takes effect September 1, 2025. |
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