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Bill > SB2351
TX SB2351
TX SB2351Relating to the authority of certain municipalities to use certain tax revenue for hotel and convention center projects and other qualified projects.
summary
Introduced
03/10/2023
03/10/2023
In Committee
03/23/2023
03/23/2023
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 Texas Tax Code to expand the applicability of certain provisions related to the use of hotel occupancy tax revenue by certain municipalities for hotel, convention center, and other qualified projects. The bill adds a new category of municipalities that can use this tax revenue, and allows one such municipality to pledge or commit the revenue for the payment of bonds or other obligations issued for a convention center facility that was not previously a qualified convention center facility. The bill takes effect immediately if it receives a two-thirds vote of all members of the Texas Legislature, or on September 1, 2023 if it does not receive the necessary votes for immediate effect.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Referred to Natural Resources & Economic Development (on 03/23/2023)
bill text
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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=SB2351 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/SB02351I.htm |
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