Bill
Bill > HB3620
TX HB3620
TX HB3620Relating to the authority of certain municipalities to use certain tax revenue for certain qualified projects.
summary
Introduced
03/03/2025
03/03/2025
In Committee
03/25/2025
03/25/2025
Crossed Over
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the authority of certain municipalities to use certain tax revenue for certain qualified projects.
AI Summary
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. Specifically, the bill adds two new categories of municipalities to the existing list: (1) a municipality with a population of more than 285,000 that is entirely located within two counties, each with a population over 900,000, and (2) removes the "or" connector between existing provisions to allow for multiple qualifying municipality types. The changes broaden the potential scope of municipalities eligible to use tax revenue for specific projects, which likely relates to economic development or infrastructure improvements. The bill will take effect on September 1, 2025, and is designed to prevail over any conflicting legislation from the 89th Legislature's non-substantive code corrections. These modifications appear to be technical in nature, potentially enabling more cities to access certain tax funding mechanisms for local development projects.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Ways & Means (on 03/25/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB3620 |
BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HB03620I.htm |
Loading...