Bill > SB1180

This bill modifies Section 351.1015(b) of the Texas Tax Code to expand the list of municipalities that can use certain tax revenue for qualified projects. The bill adds two new categories of municipalities to the existing list: (1) a municipality with a population of more than 150,000 that is entirely located in a county with a population of 3.3 million or more, and (2) maintaining the existing provisions for municipalities with populations between 700,000 and 950,000, municipalities containing more than 70% of the population of counties with 1.5 million or more residents, and other specifically defined municipalities. The bill specifies that it will take effect on September 1, 2025, and will prevail over any conflicting legislation from the 89th Legislature. By expanding the list of eligible municipalities, the bill potentially allows more cities to access and utilize specific tax revenues for qualified projects, though the exact nature of these projects is not detailed in the provided text.

Business and Industry

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=SB1180