89R15130 BEF-F
 
  By: Schwertner S.B. No. 2486
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority of certain municipalities to receive and
  pledge for the payment of obligations certain additional tax
  revenue derived from a hotel and convention center project.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  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);
               (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);
               (15-a)  a municipality described by Section
  351.152(51);
               (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);
  and
               (19)  a municipality described by Section 351.152(58).
         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, 2025.