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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of municipal hotel occupancy tax revenue in |
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certain municipalities. |
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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 351.1072 to read as follows: |
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Sec. 351.1072. ALLOCATION OF REVENUE: CERTAIN |
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MUNICIPALITIES IN LARGE COUNTIES. (a) This section applies to a |
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municipality that has a population of at least 1,660 but not more |
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than 2,160 and that is located in a county that has a population of |
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more than 425,000 but less than 500,000. |
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(b) Notwithstanding any other provision of this chapter, a |
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municipality to which this section applies may use revenue from the |
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municipal hotel occupancy tax to directly enhance and promote |
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tourism and the convention and hotel industry by acquiring sites |
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for and constructing, improving, equipping, repairing, operating, |
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and maintaining: |
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(1) a sports-related venue or facility that is used or |
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is planned for use for one or more professional or amateur sports |
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events, including rodeos, and for: |
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(A) livestock shows; |
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(B) promotional events; |
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(C) performing arts events; |
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(D) community events; and |
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(E) other civic or charitable events; or |
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(2) a multiuse venue and related infrastructure, as |
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defined by Section 334.001(3), Local Government Code. |
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(c) A municipality to which this section applies that issues |
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obligations secured by revenue derived from the tax authorized by |
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this chapter for purposes described in this section may continue to |
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use that revenue for those purposes for as long as the obligations |
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are outstanding, regardless of whether the municipality ceases to |
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meet the requirements of Subsection (a) while the obligations are |
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outstanding. |
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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, 2017. |