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Bill > SB1958


TX SB1958

TX SB1958
Relating to the authority of certain municipalities to use certain tax revenue for certain qualified projects.


summary

Introduced
03/05/2025
In Committee
03/17/2025
Crossed Over
Passed
Dead
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 eligible to use certain tax revenue for qualified projects. Specifically, the bill adds two new categories of municipalities that can use these tax funds: (1) a municipality with a population of more than 285,000 that is entirely located in two counties, each with a population over 900,000, and (2) clarifies and renumbers the existing provisions for other qualifying municipalities. The bill previously listed municipalities based on specific population criteria, such as cities with populations between 700,000 and 950,000, or cities containing more than 70% of a county's population. The changes appear to provide more municipalities with the flexibility to use tax revenue for specific projects. The bill will take effect on September 1, 2025, and in the event of any conflicts with other legislative acts, this bill will take precedence.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to Economic Development (on 03/17/2025)

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