Texas 2025 - 89th Regular

Texas House Bill HB2974 Compare Versions

Only one version of the bill is available at this time.
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11 89R9099 RDS-D
22 By: Craddick H.B. No. 2974
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77 A BILL TO BE ENTITLED
88 AN ACT
99 relating to the authority of certain municipalities to use certain
1010 tax revenue for a hotel and convention center project and to receive
1111 certain tax revenue related to the project.
1212 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1313 SECTION 1. Section 351.155(d), Tax Code, is amended to read
1414 as follows:
1515 (d) Subsection (c) does not apply to:
1616 (1) a municipality with a population of 175,000 or
1717 more; or
1818 (2) a municipality described by Section 351.152(12)
1919 that has a population of 130,000 or more.
2020 SECTION 2. Section 351.157, Tax Code, is amended by adding
2121 Subsection (b-1) to read as follows:
2222 (b-1) In addition to the municipalities described by
2323 Subsection (b), this section applies to a municipality described by
2424 Section 351.155(d)(2).
2525 SECTION 3. This Act takes effect immediately if it receives
2626 a vote of two-thirds of all the members elected to each house, as
2727 provided by Section 39, Article III, Texas Constitution. If this
2828 Act does not receive the vote necessary for immediate effect, this
2929 Act takes effect September 1, 2025.