Bill > HB3500

This bill amends Section 351.157(b) of the Texas Tax Code to add a new municipality classification, specifically Section 351.152(51), to the list of municipalities that are eligible for certain tax revenue provisions related to hotel and convention center projects. The bill appears to be expanding the existing legal framework to include an additional municipality that can receive and potentially pledge tax revenue from such projects. The amendment is technical in nature, adding one more specific municipality to the existing list of municipalities that can benefit from these tax provisions. The bill includes a standard legislative provision that it will take effect immediately if it receives a two-thirds vote in both legislative chambers, otherwise it will take effect on September 1, 2025. While the specific details of the municipality in question are not provided in the text, the bill is clearly designed to grant this particular municipality the same tax revenue options already available to several other municipalities under current Texas law.

Budget and Finance

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3500