| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the authority of certain municipalities to receive |
|
|
certain tax revenue derived from a hotel and convention center |
|
|
project and to pledge certain tax revenue for the payment of |
|
|
obligations related to the project. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 351.153(a), Tax Code, is amended to read |
|
|
as follows: |
|
|
(a) This section applies only to a municipality described by |
|
|
Section 351.152 (5), (6), (9), or (58). |
|
|
SECTION 2. Section 351.157(b), Tax Code, is amended to read |
|
|
as follows: |
|
|
(b) This section applies only to: |
|
|
(1) a municipality described by Section 351.152(3); |
|
|
(1-a) a municipality described by Section 351.152(5); |
|
|
(2) a municipality described by Section 351.152(6); |
|
|
(3) a municipality described by Section 351.152(7); |
|
|
(3-a) a municipality described by Section 351.152(9); |
|
|
(4) a municipality described by Section 351.152(10); |
|
|
(4-a) a municipality described by Section 351.152(14); |
|
|
(5) a municipality described by Section 351.152(16); |
|
|
(6) a municipality described by Section 351.152(22); |
|
|
(7) a municipality described by Section 351.152(25); |
|
|
(8) a municipality described by Section 351.152(34); |
|
|
(9) a municipality described by Section 351.152(35); |
|
|
(10) a municipality described by Section 351.152(36); |
|
|
(11) a municipality described by Section 351.152(38); |
|
|
(11-a) a municipality described by Section |
|
|
351.152(41); |
|
|
(12) a municipality described by Section 351.152(43); |
|
|
(13) a municipality described by Section 351.152(46); |
|
|
(14) a municipality described by Section 351.152(47); |
|
|
(15) a municipality described by Section 351.152(49); |
|
|
(16) a municipality described by Section 351.152(53); |
|
|
(17) a municipality described by Section 351.152(54); |
|
|
(18) a municipality described by Section 351.152(56); |
|
|
(19) a municipality described by Section 351.152(58). |
|
|
SECTION 3. 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, 2025. |