TX HB2313

Amends Section 351.1015 of the Tax Code to expand how municipalities can define "project financing zones" for using hotel occupancy tax revenue on qualified projects

Allows municipalities described by Section 351.001(7)(B) to designate project financing zones as continuous geographic areas with custom boundaries (rather than only a three-mile radius) if designated by December 31, 2024, provided the total area does not exceed the maximum allowed under the radius method

Expands eligibility to include municipalities described by Section 351.152(14) with populations over 250,000, and consolidates prior amendments affecting municipalities with populations between 700,000-950,000, those containing over 70% of a county's population of 1.5 million or more, and those with populations of at least 2 million

Project financing zone designations must expire no later than 30 years after designation and must specify either the longitude/latitude of the project center or the exact zone boundaries depending on the method used

Takes effect September 1, 2025