TX
Texas House Bill HB4140

Texas 2025 - 89th Regular

Texas House Bill HB4140

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the use of certain tax revenue to acquire and enhance multipurpose venues and related infrastructure in certain counties.

Impact

By amending the Tax Code, HB 4140 enables counties to designate specific areas as project financing zones, thus allowing for the collection and allocation of hotel occupancy taxes towards qualified projects. This is expected to stimulate local economies by increasing hotel activity and encouraging tourism, which could ultimately lead to job creation and enhanced community engagement in those areas. The bill mandates that counties inform the comptroller of their designated zones and provides clear structures for revenue allocation and bond obligations related to these projects.

Summary

House Bill 4140 pertains to the use of certain tax revenue for the acquisition and enhancement of multipurpose venues and related infrastructure within specific counties in Texas. The bill introduces provisions that allow counties to create project financing zones to benefit from hotel-associated revenues. This is aimed at promoting tourism and enhancing local economies through properly designated multipurpose facilities.

Contention

Despite the bill's economic intentions, there may be concern regarding how this power affects local governance and existing funding mechanisms. Critics could argue that while the intention is to spur growth, the reallocation of tax revenues might detract from other essential local services and infrastructure needs. The time limit imposed on project financing zones (expiring no later than 30 years after designation) could also spark debates around long-term financial planning for local governments and the sustainability of projects initiated under this legislation.

Texas Constitutional Statutes Affected

Tax Code

  • Chapter 352. County Hotel Occupancy Taxes
    • Section: New Section

Government Code

  • Chapter 2303. Enterprise Zones
    • Section: 5055

Companion Bills

No companion bills found.

Previously Filed As

TX HB2648

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects and project-associated infrastructure.

TX HB2608

Relating to the use by certain municipalities of certain tax revenue to fund convention center facilities, multipurpose arenas, venues, and related infrastructure.

TX SB1057

Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

TX HB5012

Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.

TX HB4266

Relating to the authority of certain municipalities to use certain tax revenue to fund convention center facilities, multipurpose arenas, venues, and related infrastructure.

TX SB1881

Relating to the authority of certain municipalities to use certain tax revenue to fund convention center facilities, multipurpose arenas, venues, and related infrastructure.

TX HB4090

Relating to the use of revenue attributable to the imposition of a hotel occupancy tax by certain counties for certain venue projects and the period for which certain hotel occupancy taxes may be imposed.

TX HB550

Relating to the use of municipal hotel occupancy tax revenue for certain infrastructure projects and public parks.

TX HB5282

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

TX HB2449

Relating to the creation of the Dallas Municipal Management District; providing authority to issue bonds; providing authority to impose assessments and fees.

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