| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the use of municipal hotel occupancy tax revenue in |
|
|
certain municipalities. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Subchapter B, Chapter 351, Tax Code, is amended |
|
|
by adding Section 351.10712 to read as follows: |
|
|
Sec. 351.10712. ALLOCATION OF REVENUE FOR CONSTRUCTION AND |
|
|
MAINTENANCE OF SPORTS-RELATED FACILITIES BY CERTAIN |
|
|
MUNICIPALITIES. (a) This section applies only to a municipality |
|
|
with a population of at least 95,000, in which the main campus of a |
|
|
component university of The University of Texas System is located, |
|
|
and that is located in a county with a population of not more than |
|
|
140,000. |
|
|
(b) Notwithstanding any other provision of this chapter, a |
|
|
municipality to which this section applies may use revenue derived |
|
|
from the tax imposed under this chapter to construct and maintain a |
|
|
sports facility and multipurpose convocation center capable of |
|
|
hosting intercollegiate athletic events on land owned by a state |
|
|
university if the municipality leases the land on which the |
|
|
facility and center will be located from the university for a term |
|
|
of at least 25 years. |
|
|
(c) A municipality that uses revenue derived from the tax |
|
|
imposed under this chapter for a purpose described by Subsection |
|
|
(b): |
|
|
(1) shall determine the amount of area hotel revenue |
|
|
attributable to the sports events and tournaments held at the |
|
|
sports facility and multipurpose convocation center for seven years |
|
|
after the date the municipality first uses hotel occupancy tax |
|
|
revenue for the purpose described by Subsection (b); |
|
|
(2) shall at the end of the seven-year period |
|
|
described by Subdivision (1) reimburse from the municipality's |
|
|
general fund to the municipality's hotel occupancy tax revenue fund |
|
|
any hotel occupancy tax revenue expended on the sports facility and |
|
|
multipurpose convocation center during that period in excess of the |
|
|
amount determined under Subdivision (1); and |
|
|
(3) may not during the seven-year period described by |
|
|
Subdivision (1) reduce the percentage of revenue from the tax |
|
|
imposed under this chapter and allocated for a purpose described by |
|
|
Section 351.101(a)(3) to a percentage that is less than the average |
|
|
percentage of that revenue allocated by the municipality for that |
|
|
purpose during the 36-month period preceding the date the |
|
|
municipality first uses hotel occupancy tax revenue for the purpose |
|
|
described by Subsection (b). |
|
|
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, 2019. |