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 |
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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 |