Bill Text: TX SB2220 | 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: Partisan Bill (Democrat 3-0)
Status: (Passed) 2023-06-18 - Effective on 9/1/23 [SB2220 Detail]
Download: Texas-2023-SB2220-Enrolled.html
| S.B. No. 2220 | ||
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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(a)(5), Tax Code, is amended to | ||
| read as follows: | ||
| (5) "Qualified project" means: | ||
| (A) a convention center facility or venue and any | ||
| related infrastructure; or | ||
| (B) a multipurpose arena or venue that includes a | ||
| livestock facility and is located within or adjacent to a | ||
| recognized cultural district, and any related infrastructure, that | ||
| is: | ||
| (i) located on land owned by a municipality | ||
| or by the owner of the venue; | ||
| (ii) partially financed by private | ||
| contributions that equal not less than 40 percent of the project | ||
| costs; and | ||
| (iii) related to the promotion of tourism | ||
| and the convention and hotel industry. | ||
| SECTION 2. Section 351.1015, Tax Code, is amended by | ||
| amending Subsection (b) and adding Subsections (j) and (k) 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 that contains more than 70 percent | ||
| of the population of a county with a population of 1.5 million or | ||
| more. | ||
| (j) A local government corporation may act as a municipality | ||
| under this section and is considered to be a municipality for | ||
| purposes of this section. | ||
| (k) For a municipality described by Subsection (b)(2), the | ||
| term "qualified project" means only a convention center facility or | ||
| a venue described by Section 334.001(4)(A), Local Government Code, | ||
| and any related infrastructure. | ||
| SECTION 3. This Act takes effect September 1, 2023. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.B. No. 2220 passed the Senate on | ||
| May 2, 2023, by the following vote: Yeas 26, Nays 5; and that the | ||
| Senate concurred in House amendment on May 25, 2023, by the | ||
| following vote: Yeas 26, Nays 5. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.B. No. 2220 passed the House, with | ||
| amendment, on May 23, 2023, by the following vote: Yeas 98, | ||
| Nays 41, two present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Approved: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Governor | ||
