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TX HB3324
TX HB3324Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.
summary
Introduced
03/02/2023
03/02/2023
In Committee
04/24/2023
04/24/2023
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 use certain tax revenue for hotel and convention center projects and other qualified projects.
AI Summary
This bill amends the Tax Code to expand the list of municipalities that are subject to a subchapter governing the use of certain tax revenue for hotel and convention center projects and other qualified projects. The bill adds a new category of municipality (described in Section 351.152(46)) that may pledge or commit the revenue derived from the hotel occupancy tax and the revenue to which the municipality is entitled under Section 351.156 for the payment of bonds or other obligations issued for a convention center facility that was not a qualified convention center facility at the time the bonds or obligations were issued.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Reported favorably w/o amendment(s) (on 04/24/2023)
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=HB3324 |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/HB03324I.htm |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB03324I.htm |
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