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TX HB2321

TX HB2321
Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.


summary

Introduced
02/14/2023
In Committee
03/09/2023
Crossed Over
Passed
Dead
05/29/2023

Introduced Session

88th Legislature Regular Session

Bill Summary

Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.

AI Summary

This bill amends the Texas Tax Code to allow a municipality that contains an intersection of Interstates 35E and 35W and at least two public universities to use certain tax revenue for hotel and convention center projects and other qualified projects. The bill expands the list of municipalities that can receive revenue from the taxes on certain establishments like restaurants, bars, retail stores, and swimming pools within or operated by a qualified hotel. The bill takes effect on September 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Left pending in committee (on 04/03/2023)

bill text


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