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AN ACT
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relating to the entitlement of certain municipalities to receive |
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and use tax revenue from certain establishments located near a |
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hotel and convention center project. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 351.155, Tax Code, is amended by adding |
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Subsection (c-1) to read as follows: |
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(c-1) This subsection applies only to a municipality |
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described by Section 351.152(12) that has a population of 130,000 |
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or more. Notwithstanding Subsection (c), a municipality to which |
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this subsection applies may pledge or commit revenue under this |
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section for only two qualified projects. |
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SECTION 2. Section 351.157, Tax Code, is amended by adding |
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Subsection (b-1) to read as follows: |
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(b-1) In addition to the municipalities described by |
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Subsection (b), this section applies to a municipality described by |
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Section 351.155(c-1). |
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SECTION 3. 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, 2025. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I hereby certify that S.B. No. 529 passed the Senate on |
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April 30, 2025, by the following vote: Yeas 27, Nays 4; and that |
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the Senate concurred in House amendment on May 20, 2025, by the |
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following vote: Yeas 27, Nays 4. |
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______________________________ |
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Secretary of the Senate |
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I hereby certify that S.B. No. 529 passed the House, with |
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amendment, on May 13, 2025, by the following vote: Yeas 108, |
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Nays 33, two present not voting. |
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______________________________ |
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Chief Clerk of the House |
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Approved: |
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______________________________ |
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Date |
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______________________________ |
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Governor |