76R9602 SMJ-F                           
         By Smithee, Swinford                                  H.B. No. 3713
         Substitute the following for H.B. No. 3713:
         By Hilbert                                        C.S.H.B. No. 3713
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the use of revenue from the municipal hotel occupancy
 1-3     tax.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Section 351.102(a), Tax Code, is amended to read
 1-6     as follows:
 1-7           (a)  Subject to the limitations provided by this subchapter,
 1-8     a municipality may pledge the revenue derived from the tax imposed
 1-9     under this chapter for:
1-10                 (1)  the payment of bonds that are issued under Section
1-11     3, Chapter 63, Acts of the 59th Legislature, Regular Session, 1965
1-12     (Article  1269j-4.1, Vernon's Texas Civil Statutes);
1-13                 (2)  the payment of a lease, including a lease with an
1-14     option to purchase the leased facility, that a municipality enters
1-15     into for a facility authorized under Section 2, Chapter 63, Acts of
1-16     the 59th Legislature, Regular Session, 1965 (Article 1269j-4.1,
1-17     Vernon's Texas Civil Statutes);
1-18                 (3)  [, for] one or more of the purposes provided by
1-19     Section 351.101; or
1-20                 (4)  [,] in the case of a municipality of 1,500,000 or
1-21     more, [for] the payment of principal of or interest on bonds or
1-22     other obligations of a municipally sponsored local government
1-23     corporation created under Chapter 431, Transportation Code, that
1-24     were issued to pay the cost of the acquisition and construction of
 2-1     a convention center hotel or the cost of acquisition, remodeling,
 2-2     or rehabilitation of a historic hotel structure; provided, however,
 2-3     such pledge may only be that portion of the tax collected at such
 2-4     hotel.
 2-5           SECTION 2.  The importance of this legislation and the
 2-6     crowded condition of the calendars in both houses create an
 2-7     emergency and an imperative public necessity that the
 2-8     constitutional rule requiring bills to be read on three several
 2-9     days in each house be suspended, and this rule is hereby suspended,
2-10     and that this Act take effect and be in force from and after its
2-11     passage, and it is so enacted.