Enrolled Bill Summary

House Bill 2681 applies to a municipality that is located in three counties, has a population of less than 120,000, and has acquired a specified interest in real property that is required to be maintained as park property. It amends the Local Government Code to authorize the use of hotel occupancy tax revenue to finance the acquisition, construction, improvement, and equipping of a convention center facility or related infrastructure that is to be constructed on the property. The municipality may pledge revenue from the hotel occupancy tax to pay bonds or other obligations it issues to finance the convention center facility or infrastructure.