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Bill > HB3377


TX HB3377

TX HB3377
Relating to the authority of certain cities to use certain tax revenue for hotel and convention center projects and other qualified projects.


summary

Introduced
02/26/2025
In Committee
03/21/2025
Crossed Over
Passed
Dead
06/02/2025

Introduced Session

89th Legislature Regular Session

Bill Summary

AN ACT relating to the authority of certain cities to use certain tax revenue for hotel and convention center projects and other qualified projects.

AI Summary

This bill modifies Section 351.153(a) of the Texas Tax Code by adding a new category (22) to the list of municipalities that are eligible for specific tax revenue use provisions. The bill appears to be expanding the scope of cities that can utilize certain tax revenues for hotel and convention center projects and other qualified projects. By inserting "(22)" into the existing law, the bill allows an additional type of municipality to access these tax revenue flexibilities. While the specific details of what defines a municipality under category (22) are not provided in this excerpt, the change suggests a targeted expansion of local government financial options. The bill is set to take effect on September 1, 2025, giving municipalities and local governments time to prepare for the potential new revenue usage options.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Left pending in committee (on 04/14/2025)

bill text


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