Bill Text: TX HB1287 | 2025-2026 | 89th Legislature | Introduced
Bill Title: Relating to the use by certain municipalities of certain tax revenue to fund convention center facilities, multipurpose arenas, venues, and related infrastructure.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2024-11-13 - Filed [HB1287 Detail]
Download: Texas-2025-HB1287-Introduced.html
By: Geren | H.B. No. 1287 |
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relating to the use by certain municipalities of certain tax | ||
revenue to fund convention center facilities, multipurpose arenas, | ||
venues, and related infrastructure. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 351.1015, Tax Code, is amended by | ||
amending Subsection (b) and adding Subsection (j) to read as | ||
follows: | ||
(b) This section applies only to a qualified project located | ||
in a municipality with a population of at least 850,000 [ |
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but less than 950,000 [ |
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federal decennial census. | ||
(j) Notwithstanding any other law or a term of any ordinance | ||
or agreement adopted or entered into under this section, due to the | ||
effect of the COVID-19 pandemic on hotel-associated revenues, the | ||
date on which a project financing zone designated under this | ||
section expires is automatically extended for two years if the zone | ||
was: | ||
(1) designated by a municipality as a project | ||
financing zone in or before 2019; and | ||
(2) in existence on March 15, 2020. | ||
SECTION 2. This Act takes effect September 1, 2025. |