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Amend CSHB 262 as follows:
(1) On page 4, line 3, after the period, insert the following:
"A hotel proposed to be constructed on or after September 1, 2003,
does not qualify as a "qualified hotel project" unless the
municipality holds an election and the majority of the voters of the
municipality voting at the election approve the project."
(2) Add the following appropriately numbered section to the
bill and renumber subsequent sections accordingly:
SECTION _____. Section 351.101, Tax Code, is amended by
adding Subsection (c) to read as follows:
(c) Notwithstanding any other law, a municipality may not use
revenue under Subsection (a)(1) for the acquisition or construction
of a convention center hotel on or after September 1, 2003, unless
the municipality holds an election and the majority of the voters of
the municipality voting at the election approve the use of the tax
for that purpose.