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Bill > HB2682
TX HB2682
TX HB2682Relating 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.
summary
Introduced
02/22/2023
02/22/2023
In Committee
03/13/2023
03/13/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
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.
AI Summary
This bill amends the Texas Tax Code to expand the list of municipalities that are eligible to receive certain tax revenue derived from a hotel and convention center project and to pledge that tax revenue for the payment of obligations related to the project. Specifically, the bill adds a new provision allowing a municipality with a population of 70,000 or more but less than 150,000 that borders Joe Pool Lake to receive this tax revenue. The bill also expands the types of establishments, such as restaurants, bars, retail stores, and swimming facilities, from which the eligible municipalities can receive this tax revenue.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Left pending in committee (on 04/03/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB2682 |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/HB02682I.htm |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB02682I.htm |
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