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A BILL TO BE ENTITLED
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AN ACT
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relating to the allocation of revenue from the municipal hotel |
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occupancy tax for certain transportation systems. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 351, Tax Code, is amended |
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by adding Section 351.110 to read as follows: |
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Sec. 351.110. ALLOCATION OF REVENUE FOR CERTAIN |
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TRANSPORTATION SYSTEMS. (a) Notwithstanding any other provision |
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of this chapter, a municipality may use the revenue derived from the |
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tax imposed under this chapter for a transportation system to |
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transport tourists from hotels in and near the municipality to the |
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commercial center of the municipality. |
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(b) The transportation system described by Subsection (a) |
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may be: |
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(1) owned and operated by the municipality; or |
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(2) privately owned and operated but partially |
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financed by the municipality. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |