Bill Text: TX SB1057 | 2023-2024 | 88th Legislature | Enrolled


Bill Title: Relating to the authority of certain municipalities and local government corporations to use certain tax revenue for certain qualified projects.

Spectrum: Slight Partisan Bill (Democrat 3-1)

Status: (Passed) 2023-06-18 - Effective on 9/1/23 [SB1057 Detail]

Download: Texas-2023-SB1057-Enrolled.html
 
 
  S.B. No. 1057
 
 
 
 
AN ACT
  relating to the authority of certain municipalities and local
  government corporations to use certain tax revenue for certain
  qualified projects.
         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:
               (1)  a municipality with a population of at least
  650,000 but less than 750,000 according to the most recent federal
  decennial census; or
               (2)  a municipality with a population of at least two
  million.
         (j)  A local government corporation to which this subsection
  applies may act as a municipality under this section and is
  considered to be a municipality for purposes of this section. With
  respect to a local government corporation to which this subsection
  applies, the term "qualified project" includes a venue and any
  related infrastructure. This subsection applies only to a local
  government corporation that:
               (1)  is authorized to collect a municipal hotel
  occupancy tax; and
               (2)  is located in a county with a population of 3.3
  million or more.
         SECTION 2.  This Act takes effect September 1, 2023.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1057 passed the Senate on
  April 17, 2023, by the following vote: Yeas 25, Nays 6; and that
  the Senate concurred in House amendments on May 25, 2023, by the
  following vote: Yeas 25, Nays 6.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1057 passed the House, with
  amendments, on May 23, 2023, by the following vote: Yeas 110,
  Nays 29, two present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor
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