79R8862 HLT-F

By:  Harper-Brown                                                 H.B. No. 2779


A BILL TO BE ENTITLED
AN ACT
relating to municipal authority to impose taxes to repair, upgrade, or demolish certain professional sports venues. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter B, Chapter 334, Local Government Code, is amended by adding Section 334.026 to read as follows: Sec. 334.026. MUNICIPAL AUTHORITY TO IMPOSE TAXES TO IMPROVE OR DEMOLISH CERTAIN PROFESSIONAL SPORTS VENUES. (a) This section applies to a municipality that owns a professional sports stadium and coliseum that was not constructed and financed as provided by this chapter and that is, under agreements in effect on the effective date of this section, occupied and used or planned for use as the home field of a member team of a professional football league for a period of less than 10 years. (b) A municipality may, by ordinance and without holding an election, designate the stadium and coliseum as an approved venue project. (c) A municipality that has designated the stadium and coliseum as an approved venue project under Subsection (b) may impose on the project an admissions tax as authorized by Subchapter F and a parking tax as authorized by Subchapter G, except that an election approving the taxes is not required. The proceeds of the taxes may be used to pay for, or to secure bonds or other obligations issued to pay for, the costs of repairing, upgrading, improving, modifying, or demolishing the stadium or coliseum and constructing and equipping a sports and community venue project that is authorized by this chapter. (d) A municipality that has designated the stadium and coliseum as an approved venue project under Subsection (b) may impose one or more of the taxes authorized by Subchapters D, E, H, and I if the tax is approved at an election as required by those subchapters. The municipality may use the proceeds of taxes imposed under this subsection to pay for, or to secure bonds or other obligations issued to pay for, the costs of repairing, upgrading, improving, modifying, or demolishing the stadium or coliseum, and constructing and equipping a sports and community venue project that is authorized by this chapter. SECTION 2. 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, 2005.