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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of hotel occupancy tax revenue by certain |
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municipalities for certain projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 334.2515, Local Government Code, is |
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amended to read as follows: |
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Sec. 334.2515. APPLICATION. Except as provided by Sections |
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[Section] 334.2516 and 334.2518, this subchapter does not apply to |
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the financing of a venue project that is: |
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(1) an area described by Section 334.001(4)(C); |
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(2) an area or facility that is part of a municipal |
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parks and recreation system as described by Section 334.001(4)(D); |
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(3) a project described by Section 334.001(4)(E), |
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except for a project described by Section 334.001(4)(A); or |
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(4) a facility described by Section 334.001(4)(G). |
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SECTION 2. Subchapter H, Chapter 334, Local Government |
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Code, is amended by adding Section 334.2518 to read as follows: |
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Sec. 334.2518. USE OF REVENUE BY CERTAIN MUNICIPALITIES FOR |
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CERTAIN PARK FACILITIES. (a) This section applies only to a |
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municipality that has a population of more than 1 million but less |
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than 1.3 million. |
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(b) Subject to Subsection (c), a municipality to which this |
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section applies may acquire, construct, and improve a venue project |
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that is an amphitheater, arena, exhibit hall, music hall, or |
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stadium located within a municipally owned park that is at least 100 |
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acres in size and all or part of which is designated as a national |
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historic landmark district, if the applicable type of facility is |
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specifically listed in the ballot proposition for a venue project |
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for the expansion of an existing convention center facility that |
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primarily hosts conventions and has at least one million square |
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feet of meeting space. |
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(c) A municipality may not spend more than 20 percent of the |
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revenue from the convention center facility expansion venue project |
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described by Subsection (b) for costs related to an amphitheater, |
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arena, exhibit hall, music hall, or stadium located within a |
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municipally owned park. |
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SECTION 3. This Act takes effect September 1, 2021. |