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1 | 1 | 89R9099 RDS-D | |
2 | 2 | By: Craddick H.B. No. 2974 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | ||
6 | 6 | ||
7 | 7 | A BILL TO BE ENTITLED | |
8 | 8 | AN ACT | |
9 | 9 | relating to the authority of certain municipalities to use certain | |
10 | 10 | tax revenue for a hotel and convention center project and to receive | |
11 | 11 | certain tax revenue related to the project. | |
12 | 12 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
13 | 13 | SECTION 1. Section 351.155(d), Tax Code, is amended to read | |
14 | 14 | as follows: | |
15 | 15 | (d) Subsection (c) does not apply to: | |
16 | 16 | (1) a municipality with a population of 175,000 or | |
17 | 17 | more; or | |
18 | 18 | (2) a municipality described by Section 351.152(12) | |
19 | 19 | that has a population of 130,000 or more. | |
20 | 20 | SECTION 2. Section 351.157, Tax Code, is amended by adding | |
21 | 21 | Subsection (b-1) to read as follows: | |
22 | 22 | (b-1) In addition to the municipalities described by | |
23 | 23 | Subsection (b), this section applies to a municipality described by | |
24 | 24 | Section 351.155(d)(2). | |
25 | 25 | SECTION 3. This Act takes effect immediately if it receives | |
26 | 26 | a vote of two-thirds of all the members elected to each house, as | |
27 | 27 | provided by Section 39, Article III, Texas Constitution. If this | |
28 | 28 | Act does not receive the vote necessary for immediate effect, this | |
29 | 29 | Act takes effect September 1, 2025. |