80R11394 MXM-D
 
  By: Guillen, Raymond H.B. No. 1524
 
Substitute the following for H.B. No. 1524:
 
  By:  Bonnen C.S.H.B. No. 1524
 
A BILL TO BE ENTITLED
AN ACT
relating to an election on the use of tax revenue for a sports or
community venue project.
       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 334.0242 to read as follows:
       Sec. 334.0242.  ELECTION ON USE OF TAXES TO IMPROVE OR
MAINTAIN VENUE PROJECT. (a)  Except as provided by Subsection (e),
if one or more methods of financing have been approved at an
election held under Section 334.024, the governing body of the
municipality or county imposing the method may order an election on
the question of approving the use of revenue derived from one or
more approved methods to finance a related venue project.
       (b)  The ballot at the election held under this section must
be printed to permit voting for or against the proposition:
       "Authorizing __________ (insert name of municipality or
county) to use an amount not to exceed __________ (insert
percentage of tax revenue or dollar amount of revenue to be used for
each type of tax) of the revenue derived from the __________ (insert
each type of tax) tax, to finance the __________ (describe the
related venue project and its relation to the previously approved
venue project)."
       (c)  If a majority of the votes cast at an election held under
this section approve the proposition, the municipality or county
may use the revenue to finance the related venue project described
in the proposition.
       (d)  At an election held under this section, the municipality
or county may not change the rate of the tax or the method of
financing previously authorized under Section 334.024.
       (e)  This section does not authorize the municipality or
county to use revenue from a hotel occupancy tax under Subchapter H.
       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, 2007.