78R7232 SMJ-D

By:  Coleman                                                      H.B. No. 2605


A BILL TO BE ENTITLED
AN ACT
relating to the financing and administration of certain venue projects and related infrastructure; authorizing the imposition of certain local taxes and the issuance of local bonds. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 334.001(4), Local Government Code, is amended to read as follows: (4) "Venue" means: (A) an arena, coliseum, stadium, or other type of area or facility: (i) that is used or is planned for use for one or more professional or amateur sports events, community events, or other sports events, including rodeos, livestock shows, agricultural expositions, promotional events, and other civic or charitable events; and (ii) for which a fee for admission to the events is charged or is planned to be charged; (B) a convention center facility or related improvement such as a convention center, civic center, civic center building, civic center hotel, auditorium, theater, opera house, music hall, exhibition hall, rehearsal hall, park, zoological park, museum, aquarium, or plaza located in the vicinity of a convention center or facility owned by a municipality or a county; (C) a tourist development area along an inland waterway; (D) a municipal parks and recreation system, or improvements or additions to a parks and recreation system, or an area or facility that is part of a municipal parks and recreation system; [and] (E) a project authorized by Section 4A or 4B, Development Corporation Act of 1979 (Article 5190.6, Vernon's Texas Civil Statutes), as that Act existed on September 1, 1997; and (F) a tourist development area located in the vicinity of a convention center facility owned by a municipality or county. SECTION 2. Section 334.043(d), Local Government Code, is amended to read as follows: (d) The bonds or other obligations may mature serially or otherwise not more than 40 [30] years from their date of issuance. SECTION 3. Section 334.083(a), Local Government Code, is amended to read as follows: (a) The rate of a tax adopted under this subchapter must be one-eighth, one-fourth, three-eighths, [or] one-half, or five-eighths of one percent. SECTION 4. Section 334.103(a), Local Government Code, is amended to read as follows: (a) The tax authorized by this subchapter is imposed at a rate in increments of one-eighth of one percent, not to exceed six [five] percent, on the gross rental receipts from the rental in the municipality or county of a motor vehicle. SECTION 5. Section 334.152(b), Local Government Code, is amended to read as follows: (b) The amount of the tax may be imposed at any uniform percentage not to exceed five [10] percent of the price of the ticket sold as admission to an event held at an approved venue. SECTION 6. Section 334.201(b), Local Government Code, is amended to read as follows: (b) The municipality or county may impose the tax during a period beginning not more than four [three] hours before and ending not more than four [three] hours after the time an event in an approved venue project is scheduled to begin. The municipality or county may not impose the tax under this subchapter during any other time. SECTION 7. Section 334.254(a), Local Government Code, is amended to read as follows: (a) The tax authorized by this subchapter may be imposed by a municipality or county at any rate not to exceed three [two] percent of the price paid for a room in a hotel. SECTION 8. Section 334.303(b), Local Government Code, is amended to read as follows: (b) The amount of the tax may be imposed at any uniform monetary amount not to exceed $5,500 [$5,000] a game. SECTION 9. Section 335.031(a), Local Government Code, is amended to read as follows: (a) A district is governed by a board of at least six [four] directors. SECTION 10. Section 335.053(d), Local Government Code, is amended to read as follows: (d) If the comptroller does not comply with Subsection (b) before the 60th [30th] day after the date the comptroller receives the appeal or request for information, the comptroller is considered to have determined that approval and implementation of the resolution will not have a significant negative fiscal impact on state revenue. SECTION 11. Section 335.071(a), Local Government Code, is amended to read as follows: (a) A district may: (1) perform any act necessary to the full exercise of the district's powers; (2) accept a gift, grant, or loan from [a]: (A) a department or agency of the United States; (B) a department, agency, or political subdivision of this state; [or] (C) a public or private person; or (D) any other entity; (3) acquire, sell, lease, convey, or otherwise dispose of property or an interest in property, including a right-of-way or easement or an approved venue project, under terms and conditions determined by the district; (4) employ necessary personnel; and (5) adopt rules to govern the operation of the district and its employees and property. SECTION 12. Section 335.073(d), Local Government Code, is amended to read as follows: (d) The bonds or other obligations may mature serially or otherwise not more than 40 [30] years from their date of issuance. SECTION 13. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2003.