Bill > HB2648

This bill amends the Texas Tax Code to expand the authority of certain municipalities and local government corporations to use municipal hotel occupancy tax revenue for qualified projects and project-associated infrastructure, such as hotels, restaurants, transportation facilities, and other tourist-related developments. The bill defines "project-associated infrastructure" and allows municipalities with populations of at least 650,000 and certain local government corporations in counties with a population of 3.3 million or more to use the tax revenue for these purposes. The bill also provides for the comptroller to hold the tax revenue in a separate account and make payments to the municipality or local government corporation once the qualified project or infrastructure is commenced.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB2648