Amend CSHB 2313 (house committee printing) as follows:
(1) On page 1, line 23, strike "or".
(2) On page 2, line 1, between "250,000" and the period, insert the following:
; or
(7) a municipality described by Section 351.152(15) that has a population of 200,000 or more
(3) Add the following appropriately numbered SECTION to the bill and renumber subsequent SECTIONS of the bill accordingly:
SECTION ____. Section 351.1015, Tax Code, is amended by adding Subsection (a-1) and amending Subsection (g) to read as follows:
(a-1) Notwithstanding Subsections (a)(5) and (6), with respect to a qualified project located in a municipality described by Subsection (b)(7), the term "venue" does not include a facility used primarily for the performing arts, including a theater, opera house, music hall, or rehearsal hall.
(g) The comptroller shall deposit incremental hotel-associated revenue collected by or forwarded to the comptroller in a separate suspense account to be held in trust for the municipality that is entitled to receive the revenue. The suspense account is outside the state treasury, and the comptroller may make a payment authorized by this section from the account without the necessity of an appropriation. The comptroller shall begin making payments from the suspense account to the municipality for which the money is held on the date the qualified project in the project financing zone is commenced. If the qualified project is not commenced by the fifth anniversary of the first deposit to the account or, for a suspense account held in trust for a municipality described by Subsection (b)(7), by the third anniversary of the first deposit in the account, the comptroller shall transfer the money in the account to the general revenue fund and cease making deposits to the account.