By Elkins                                             H.B. No. 2409
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the use of hotel occupancy tax revenue by certain
    1-3  municipalities.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Subchapter B, Chapter 351, Tax Code, is amended
    1-6  by adding Section 351.1011 to read as follows:
    1-7        Sec. 351.1011.  USE OF REVENUE BY CERTAIN SMALL
    1-8  MUNICIPALITIES.  Notwithstanding any other provision of this
    1-9  chapter, a municipality with a population of less than 7,500 that
   1-10  is located in a county with a population of more than 2.8 million
   1-11  may use revenue from the municipal occupancy tax for any purpose
   1-12  for which the general funds of the municipality may be used.
   1-13        SECTION 2.  This Act does not apply to the use of tax revenue
   1-14  pledged to secure bonds issued before the effective date of this
   1-15  Act.  Tax revenue pledged to secure bonds issued before the
   1-16  effective date of this Act is governed by the law in effect on the
   1-17  date the bonds were issued, and that law is continued in effect for
   1-18  that purpose.
   1-19        SECTION 3.  The importance of this legislation and the
   1-20  crowded condition of the calendars in both houses create an
   1-21  emergency and an imperative public necessity that the
   1-22  constitutional rule requiring bills to be read on three several
   1-23  days in each house be suspended, and this rule is hereby suspended,
    2-1  and that this Act take effect and be in force from and after its
    2-2  passage, and it is so enacted.