Bill Text: TX HB4565 | 2023-2024 | 88th Legislature | Comm Sub
Bill Title: Relating to the authority of certain municipalities to use hotel occupancy tax revenue for certain venue projects.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed - Dead) 2023-05-22 - Placed on intent calendar [HB4565 Detail]
Download: Texas-2023-HB4565-Comm_Sub.html
By: Longoria (Senate Sponsor - LaMantia) | H.B. No. 4565 | |
(In the Senate - Received from the House May 3, 2023; | ||
May 4, 2023, read first time and referred to Committee on Natural | ||
Resources & Economic Development; May 19, 2023, reported | ||
adversely, with favorable Committee Substitute by the following | ||
vote: Yeas 7, Nays 1; May 19, 2023, sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR H.B. No. 4565 | By: Hughes |
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relating to the authority of certain municipalities to use hotel | ||
occupancy tax revenue for certain venue projects. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 334.0082, Local Government Code, is | ||
amended by adding Subsections (d) and (e) to read as follows: | ||
(d) Notwithstanding Subsection (a) and subject to this | ||
subsection, this section also applies to a municipality that has a | ||
population of at least 70,000 but not more than 180,000 and that is | ||
located in a county that borders the United Mexican States and the | ||
Gulf of Mexico. A municipality described by this subsection may | ||
impose a tax as authorized under Subsection (b)(2) only to finance a | ||
convention center constructed before January 1, 2023. The | ||
authority of the municipality to impose the tax as authorized under | ||
Subsection (b)(2) expires on the earlier of: | ||
(1) the date the debt issued for the convention center | ||
described by this subsection is repaid; or | ||
(2) January 1, 2054. | ||
(e) Subsection (d) and this subsection expire January 1, | ||
2054. | ||
SECTION 2. This Act takes effect September 1, 2023. | ||
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