Bill > HB4098

This bill amends Section 351.152 of the Texas Tax Code to expand the list of municipalities that are authorized to use certain tax revenues for hotel and convention center projects. Specifically, the bill adds a new municipality to the extensive existing list of qualifying cities, characterized as a municipality located in a county with a population of 600,000 or more that is adjacent to the county containing the State Capitol, and which has a population between 16,000 and 27,000 residents. The bill maintains the existing complex framework of municipal qualifications, which involves intricate population thresholds, county population requirements, and specific geographical or infrastructural characteristics. The legislation will take effect immediately if it receives a two-thirds vote in both houses of the Texas Legislature; otherwise, it will become effective on September 1, 2025. The purpose appears to be allowing an additional specific municipality to access tax revenue mechanisms for potential hotel and convention center development, expanding the existing local economic development tools available to certain Texas municipalities.

Budget and Finance, Business and Industry

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4098