Texas 2025 89th Regular

Texas Senate Bill SB1518 Introduced / Bill

Filed 02/21/2025

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                    89R12862 RDS-F
 By: Schwertner S.B. No. 1518




 A BILL TO BE ENTITLED
 AN ACT
 relating to the authority of certain municipalities to use certain
 tax revenue for hotel and convention center projects.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 351.155(d), Tax Code, is amended to read
 as follows:
 (d)  Subsection (c) does not apply to:
 (1)  a municipality with a population of 175,000 or
 more; or
 (2)  a municipality described by Section 351.152(10).
 SECTION 2.  This Act takes effect immediately if it receives
 a vote of two-thirds of all the members elected to each house, as
 provided by Section 39, Article III, Texas Constitution.  If this
 Act does not receive the vote necessary for immediate effect, this
 Act takes effect September 1, 2025.