89R15130 BEF-F
By: Schwertner S.B. No. 2486
A BILL TO BE ENTITLED
AN ACT
relating to the authority of certain municipalities to receive and
pledge for the payment of obligations certain additional tax
revenue derived from a hotel and convention center project.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 351.157(b), Tax Code, is amended to read
as follows:
(b) This section applies only to:
(1) a municipality described by Section 351.152(3);
(1-a) a municipality described by Section 351.152(5);
(2) a municipality described by Section 351.152(6);
(3) a municipality described by Section 351.152(7);
(4) a municipality described by Section 351.152(10);
(4-a) a municipality described by Section
351.152(14);
(5) a municipality described by Section 351.152(16);
(6) a municipality described by Section 351.152(22);
(7) a municipality described by Section 351.152(25);
(8) a municipality described by Section 351.152(34);
(9) a municipality described by Section 351.152(35);
(10) a municipality described by Section 351.152(36);
(11) a municipality described by Section 351.152(38);
(11-a) a municipality described by Section
351.152(41);
(12) a municipality described by Section 351.152(43);
(13) a municipality described by Section 351.152(46);
(14) a municipality described by Section 351.152(47);
(15) a municipality described by Section 351.152(49);
(15-a) a municipality described by Section
351.152(51);
(16) a municipality described by Section 351.152(53);
(17) a municipality described by Section 351.152(54);
(18) a municipality described by Section 351.152(56);
and
(19) a municipality described by Section 351.152(58).
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.