By Smithee H.B. No. 3713 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to municipal hotel occupancy taxes. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 351.102(a), Tax Code, is amended to read 1-5 as follows: 1-6 (a) Subject to the limitations provided by this subchapter, 1-7 a municipality may pledge the revenue derived from the tax imposed 1-8 under this chapter (1) for the payment of bonds that are issued 1-9 under Section 3, Chapter 63, Acts of the 59th Legislature, Regular 1-10 Session, 1965 (Article 1269j-4.1, Vernon's Texas Civil Statutes), 1-11 (2) for the payment of leases, including leases with an option to 1-12 purchase the leased facility or facilities, that are entered into 1-13 to provide facilities authorized under Section 2, Chapter 63, Acts 1-14 of the 59th Legislature, Regular Session, 1965 (Article 1269j-4.1, 1-15 Vernon's Texas Civil Statutes), or (3) for one or more of the 1-16 purposes provided by Section 351.101 or, in the case of a 1-17 municipality of 1,500,000 or more, for the payment of principal of 1-18 or interest on bonds or other obligations of a municipally 1-19 sponsored local government corporation created under Chapter 431, 1-20 Transportation Code, that were issued to pay the cost of the 1-21 acquisition and construction of a convention center hotel or the 2-1 cost of acquisition, remodeling, or rehabilitation of a historic 2-2 hotel structure; provided, however, such pledge may only be that 2-3 portion of the tax collected at such hotel. 2-4 SECTION 2. The importance of this legislation and the 2-5 crowded condition of the calendars in both houses create an 2-6 emergency and an imperative public necessity that the 2-7 constitutional rule requiring bills to be read on three several 2-8 days in each house be suspended, and this rule is hereby suspended, 2-9 and that this Act take effect and be in force from and after its 2-10 passage, and it is so enacted.